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 Bitcoin faces elevated CPI with BTC price tackling 268K focal point

Bitcoin faces elevated CPI with BTC price tackling 268K focal point


Published: 2023-10-12


1. Bitcoin price volatility and its impact on the Cryptocurrency Price Index (CPI): The article discusses how the price of Bitcoin has reached $26.8k and analyzes its impact on the Cryptocurrency Price Index (CPI). The CPI tracks the overall performance of various cryptocurrencies,and the surge in Bitcoin's price has had a significant influence on the index. As Bitcoin is the dominant player in the market,its price movements often dictate the direction of the overall cryptocurrency market.

2. Market sentiment and investor reaction to Bitcoin's price surge: The article delves into the reactions of market participants and investors following Bitcoin's surge to $26.8k. It highlights the bullish sentiment among many investors,who see this price movement as a positive sign for the overall cryptocurrency market. Furthermore,it explores the potential implications of this price rise on market dynamics and how it may impact investment strategies and trading volumes.

3. Technical analysis and price predictions for Bitcoin: The article provides insights into the technical analysis of Bitcoin's price movement,indicating potential support and resistance levels based on historical data. It also includes expert opinions and predictions regarding future price movements. These analyses can assist readers in understanding the potential short-term and long-term trends for Bitcoin and provide valuable information for traders and investors. Summary:

1. The Bitcoin price surge to $26.8k and its impact on the Cryptocurrency Price Index (CPI) highlights the significance of Bitcoin's price movements in the overall market.

2. Investor sentiment towards this price spike is positive,and it is expected to have implications on market dynamics and trading volumes.

3. Technical analysis and price predictions for Bitcoin provide readers with valuable insights into potential support and resistance levels,as well as expert opinions on future price movements.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,055.90 2,164,975,613.10
2 BTC title=BTC 60,872.69 753,975,694.35
3 ETH title=ETH 2,917.00 358,555,497.87
4 SOL title=SOL 146.35 244,182,608.54
5 PEPE title=PEPE <0.01 182,610,606.40
6 WIF title=WIF 3.02 106,969,864.15
7 WLD title=WLD 5.77 92,800,861.32
8 RNDR title=RNDR 10.94 76,182,386.27
9 RUNE title=RUNE 5.92 64,196,289.16
10 DOGE title=DOGE 0.14 60,930,395.54
11 TNSR title=TNSR 0.96 59,803,986.31
12 BOME title=BOME 0.01 59,684,929.15
13 NEAR title=NEAR 7.01 55,428,180.57
14 ENA title=ENA 0.84 45,195,753.88
15 XRP title=XRP 0.51 44,908,731.36
16 JTO title=JTO 4.12 39,433,595.07
17 UMA title=UMA 3.85 37,181,823.31
18 AR title=AR 40.14 33,484,553.78
19 AVAX title=AVAX 33.57 33,250,760.84
20 FTM title=FTM 0.71 33,113,527.59
21 ARKM title=ARKM 2.51 32,277,843.00
22 BONK title=BONK <0.01 29,790,096.85
23 PEOPLE title=PEOPLE 0.03 27,493,552.61
24 USTC title=USTC 0.02 26,187,306.82
25 ORDI title=ORDI 36.37 25,317,605.48
26 ETHFI title=ETHFI 3.62 22,385,662.11
27 FLOKI title=FLOKI <0.01 21,699,897.03
28 ARPA title=ARPA 0.07 21,663,292.20

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Tensor title=TNSR 0.96 +14.62
2 Aergo title=AERGO 0.14 +11.60
3 ARPA title=ARPA 0.07 +8.99
4 SuperRare title=RARE 0.13 +7.91
5 UMA title=UMA 3.85 +7.15
6 TerraClassicUSD title=USTC 0.02 +7.05
7 Hive title=HIVE 0.35 +6.69
8 Civic title=CVC 0.17 +6.21
9 Verge title=XVG <0.01 +5.53
10 Immutable title=IMX 2.28 +5.52
11 Jito title=JTO 4.12 +5.23
12 Portal title=PORTAL 0.80 +4.41
13 IQ title=IQ <0.01 +4.33
14 FC Barcelona Fan Token title=BAR 2.49 +4.22
15 Galxe title=GAL 3.30 +4.00
16 Any Inu title=AI 1.17 +3.64
17 GMX title=GMX 28.49 +3.49
18 Moonriver title=MOVR 16.12 +2.99
19 MANTRA title=OM 0.70 +2.53
20 BOOK OF MEME title=BOME 0.01 +2.37
21 Hedera title=HBAR 0.11 +2.36
22 High title=HIGH 4.63 +2.34
23 Shentu title=CTK 0.68 +2.05
24 LeverFi title=LEVER <0.01 +2.01
25 iExec RLC title=RLC 3.43 +1.84
26 Synapse title=SYN 0.79 +1.65
27 1000SATS (Ordinals) title=1000SATS <0.01 +1.64
28 Phala title=PHA 0.19 +1.61
29 NEO title=NEO 15.25 +1.60
30 Solana title=SOL 146.35 +1.53

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 ARK title=ARK 0.81 -10.68
2 Renzo title=REZ 0.13 -6.69
3 Coin98 title=C98 0.26 -5.33
4 Manchester City Fan Token title=CITY 3.32 -4.96
5 Wing Finance title=WING 5.89 -4.85
6 Theta Fuel title=TFUEL 0.10 -4.75
7 TrueFi title=TRU 0.11 -4.73
8 Fusionist title=ACE 5.08 -4.69
9 xMoney title=UTK 0.08 -4.60
10 SSV Network title=SSV 34.83 -4.58
11 Axelar title=AXL 1.04 -4.23
12 Ren title=REN 0.06 -4.22
13 Golem title=GLM 0.54 -4.14
14 Kava Lend title=HARD 0.17 -4.12
15 Akropolis title=AKRO <0.01 -4.02
16 Decred title=DCR 18.86 -4.02
17 Arkham title=ARKM 2.51 -3.94
18 Viction title=VIC 0.47 -3.85
19 Komodo title=KMD 0.39 -3.82
20 Beefy title=BIFI 373.10 -3.49
21 Atlas Aggregator title=ATA 0.17 -3.46
22 IDEX title=IDEX 0.06 -3.44
23 Injective title=INJ 23.71 -3.42
24 Bella Protocol title=BEL 0.88 -3.41
25 My Neighbor Alice title=ALICE 1.13 -3.41
26 NEM title=XEM 0.04 -3.36
27 Unifi Protocol DAO title=UNFI 3.57 -3.33
28 Mines of Dalarnia title=DAR 0.14 -3.29
29 Theta Network title=THETA 2.00 -3.29
30 Reserve Rights title=RSR <0.01 -3.25

Bitcoin's Greed and Fear Index.

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56
Greed

Global CryptoCurrency News

?
(See more news ...)
at news date
1 Mark Cuban advocates for CFTC to regulate all crypto ahead of US election day 2024-05-11
2 SEC insists that Coinbase just does not like the answer 2024-05-11
3 Binance to be under FRA surveillance for next 3 years Report 2024-05-11
4 ARK and 21Shares drop staking plans from Ethereum ETF proposal 2024-05-11
5 What is cryptocurrency insurance and how does it work 2024-05-11
6 Bitcoin halving 039danger zone039 has 2 days left with BTC price retesting 60K 2024-05-11
7 Interpol Nigeria boosts cybersecurity with virtual asset training 2024-05-11
8 JPMorgans Onyx to industrialize blockchain PoCs from Project Guardian 2024-05-11
9 Bitcoin volatility plunges below Tesla Nvidia stocks amid 100K price prediction 2024-05-11
10 OKX Ventures invests in Web3 play ARPG to train AI game Blade of God X 2024-05-11
11 3 reasons why traders put an 800 target on BNB price 2024-05-11
12 Solana fees to surpass Ethereum trader loses over 1M due to hard fork Finance Redefined 2024-05-11
13 House expected to vote on crypto bill offering SEC CFTC clarity in May 2024-05-11
14 Crypto Biz SEC targets Robinhood Grayscales Ethereum ETFs and more 2024-05-11
15 WBTC address poisoner sends nearly all funds back to victim after negotiations 2024-05-11
16 JPMorgan reports holding shares of several spot Bitcoin ETFs 2024-05-11
17 Open source CBDCs arent going to protect you from government 2024-05-11
18 Mark Cuban advocates for CFTC to regulate 039all crypto039 ahead of US election day 2024-05-11
19 SEC insists that Coinbase 039just does not like the answer039 2024-05-11
20 ByBit to launch Notcoin trading and withdrawals next week 2024-05-10
21 Grayscale Bitcoin ETF nullifies 669M inflows in 2 days 2024-05-10
22 Telegram linked Toncoin soars 50 in May for these 3 reasons 2024-05-10
23 IMF backs Nigeria crypto adoption amid local SEC crackdown 2024-05-10
24 Bitcoin still lacks 60K support as BTC price nears 100M liquidity zone 2024-05-10
25 Binance obtains FIU approval for India return 2024-05-10
26 Zilliqa battles back to back network disruptions amid latest upgrade rollout 2024-05-10
27 US officials seek easier pathways to ban AI exports and keep tech secrets in 2024-05-10
28 Crypto firms brace for intensified SEC CFTC action after regulator warning 2024-05-10
29 Hong Kong issuer seeks spot Bitcoin ETF for mainland China 2024-05-10
30 Coinbases Stand With Crypto launches political action committee 2024-05-10
31 Bugs in Gains Network fork let traders profit 900 on every trade Report 2024-05-10
32 Trump themed MAGA memecoin rallies after his pro crypto comments 2024-05-10
33 Coinbase sees infinite interoperability potential with Ethereum and USDC 2024-05-10
34 Binance hits back at WSJ Hong Kong crypto ETFs take 50B equivalent Asia Express 2024-05-10
35 Base set for material share of SocialFi activity Franklin Templeton 2024-05-10
36 Marathon Digital misses Q1 estimates on bad weather utility failures 2024-05-10
37 Bitcoin could soon BLOW higher on bullish candle hammer Glassnode execs 2024-05-10
38 Tether slams Deutsche Bank over suggestion its stablecoin could fail 2024-05-10
39 Bitcoins Ordinals Runes key to solving the mining subsidy problem ViaBTC 2024-05-10
40 Jack Dorsey says Bitcoin will be worth 039at least a million039 by 2030 2024-05-10
41 Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims 2024-05-10
42 How to connect BNB Smart Chain to MetaMask 2024-05-09
43 Taiwan proposes tougher AML measures for crypto service providers 2024-05-09
44 Ex Google exec to bring Web3 to masses as new Aptos Labs adviser 2024-05-09
45 Tokenizing money is the greatest innovation after fiat Tether co founder 2024-05-09
46 TikTok to automatically label AI generated content 2024-05-09
47 Ether turns inflationary for the first time since Merge 2024-05-09
48 Despite Bitcoin price volatility factors point to BTCs long term success 2024-05-09
49 Bitcoin price buys time at 61K as US jobless claims hit 9 month highs 2024-05-09
50 SEC doesnt want Ethereum to transform banking landscape says Joseph Lubin 2024-05-09

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