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BTC/USD: Rising Wedge Points to a Crash
The BTC/USD pair rose to above 113,200 as investors embraced a risk-on sentiment after the relatively weak US wholesale inflation data. Bitcoin was trading at $113,200 on Thursday morning, higher than this month's low of $107,365. Risk-On Sentiment Prevails The BTC/USD pair rose as market participants embraced a risk-on outlook after the US released lower-than-expected inflation data, raising the possibility that the Fed will deliver a 0.50% rate cut in next week's meeting. This report showed that the headline and core Producer Price Index dropped sharply in August, even as Donald Trump's tariffs remained. In a ... (full story)
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for shelter rose 0.4 percent in August and was ...
The US CPI report for August will be released at 8:30ET (12:30 GMT) on Thursday, September 11. Traders and economists are projecting headline CPI to come in at 2.9% y/y, with the core (ex-food and -energy) reading expected at 3.1% y/y. Both of those readings, if fulfilled, would mark upticks from last month’s inflation rate. Quirks of the calendar are an ...
From cointelegraph.com | Sep 10, 2025
Ether remains stuck in the $4,200-$4,500 range for two weeks, amid decreasing spot and institutional demand. This has made some traders bearish, eyeing ETH price falling to $3,500 before any potential recovery. The choppiness in Ether’s price, coupled with Bitcoin’s recent drop below $100,000, saw a shift in market sentiment as “sell calls” intensified, ...
