Bitcoin price aims for $69K as ‘hot’ US macro data pressures dollar
Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Briefly Reclaims $81,000 as Liquidations Top $1 Billion
Bitcoin price fell for a fourth consecutive day, briefly slipping below $81,000 before rebounding, as the total crypto market cap...
AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking
Bitcoin faces a new macro headwind from the artificial-intelligence boom as massive infrastructure spending competes for long-term...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Bitcoin Core developer responds to AI & Quantum Risk
Bitcoin Magazine Bitcoin Core developer responds to AI & Quantum Risk Has AI really changed Bitcoin’s address security, or is it j...
Bitcoin Price Bounces Back to $83K as Crypto Market Liquidations Cool
Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday, pushing its market cap b...
Onchain money is flowing into Treasuries, gold, and asset-backed credit
The shift to tokenized RWAs in DeFi could impact liquidity and stability, with concentrated ownership posing systemic risks in vol...