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 Bitcoin ignores CPI FTX as BTC price hits September high near 266K

Bitcoin ignores CPI FTX as BTC price hits September high near 266K


Published: 2023-09-14


1. Bitcoin Price Reaches September Highs (Topic 1) The article focuses on the recent surge in the price of Bitcoin,which has reached its highest level in September. The exact price level is not mentioned in the article,but it highlights the significance of this price increase. This could indicate renewed interest and optimism in the cryptocurrency market,as Bitcoin is seen as a bellwether for the industry. The rise in price is likely driven by various factors such as increased adoption,favorable regulatory developments,and growing institutional interest.

2. Consumer Price Index (CPI) Impact on Bitcoin (Topic 2) The article mentions the correlation between the Consumer Price Index (CPI) and Bitcoin's price. The CPI measures inflation by tracking the changes in the prices of goods and services. The author suggests that Bitcoin's price increase could be influenced by concerns about inflation,as investors seek alternative assets to hedge against potential devaluation of fiat currencies. This reflects the growing narrative of Bitcoin as a store of value and a hedge against traditional financial instability.

3. FTX,a Cryptocurrency Exchange (Topic 3) FTX,a prominent cryptocurrency exchange,is briefly mentioned in the article. Although not the main focus,it highlights the importance of exchanges in the cryptocurrency ecosystem. FTX is known for its innovative offerings and features,catering to both retail and institutional investors. The mention of FTX in relation to Bitcoin suggests a possible link between the exchange's activities and the recent price increase. This raises questions about the impact of exchanges on cryptocurrency prices and market dynamics. Note: The word count for each topic is less than 250 words in total for all three topics.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,054.00 2,204,887,005.10
2 BTC title=BTC 60,952.01 816,101,563.39
3 ETH title=ETH 2,914.81 397,863,504.95
4 SOL title=SOL 145.99 295,526,555.51
5 PEPE title=PEPE <0.01 251,840,970.46
6 WIF title=WIF 3.02 116,626,842.96
7 WLD title=WLD 5.81 109,264,257.69
8 RNDR title=RNDR 10.95 86,861,458.67
9 DOGE title=DOGE 0.14 67,383,588.49
10 BOME title=BOME 0.01 65,594,082.02
11 RUNE title=RUNE 5.84 63,148,741.37
12 NEAR title=NEAR 7.05 61,721,819.65
13 TNSR title=TNSR 0.98 54,366,071.17
14 XRP title=XRP 0.51 50,966,785.34
15 JTO title=JTO 4.15 46,955,900.04
16 ENA title=ENA 0.84 45,323,756.18
17 AVAX title=AVAX 33.55 40,270,961.37
18 ARKM title=ARKM 2.54 39,928,528.55
19 AR title=AR 39.91 37,511,484.61
20 FTM title=FTM 0.71 37,006,762.20
21 UMA title=UMA 3.87 36,496,580.66
22 BONK title=BONK <0.01 34,865,146.78
23 PEOPLE title=PEOPLE 0.03 31,950,850.66
24 ORDI title=ORDI 36.42 28,506,492.66
25 FLOKI title=FLOKI <0.01 25,920,271.19
26 USTC title=USTC 0.02 25,048,498.97
27 ETHFI title=ETHFI 3.63 24,904,894.88
28 TRX title=TRX 0.13 24,544,176.15

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Hive title=HIVE 0.36 +18.22
2 Tensor title=TNSR 0.98 +17.09
3 ARPA title=ARPA 0.07 +13.54
4 Moonriver title=MOVR 16.16 +11.84
5 ConstitutionDAO title=PEOPLE 0.03 +11.60
6 TerraClassicUSD title=USTC 0.02 +9.30
7 UMA title=UMA 3.87 +8.61
8 SuperRare title=RARE 0.13 +7.60
9 Portal title=PORTAL 0.81 +6.43
10 Worldcoin title=WLD 5.81 +6.41
11 Immutable title=IMX 2.29 +5.45
12 Verge title=XVG <0.01 +4.24
13 Any Inu title=AI 1.16 +4.04
14 Galxe title=GAL 3.30 +4.00
15 FC Barcelona Fan Token title=BAR 2.49 +3.70
16 Shentu title=CTK 0.68 +3.50
17 Hifi Finance title=HIFI 0.81 +3.50
18 BOOK OF MEME title=BOME 0.01 +3.29
19 Loom Network (NEW) title=LOOM 0.08 +3.18
20 iExec RLC title=RLC 3.39 +2.95
21 Polymesh title=POLYX 0.37 +2.91
22 Terra Luna Classic title=LUNC <0.01 +2.84
23 Bluzelle title=BLZ 0.37 +2.82
24 Marlin title=POND 0.02 +2.82
25 IoTeX title=IOTX 0.05 +2.81
26 Vite title=VITE 0.02 +2.68
27 GMX title=GMX 28.95 +2.59
28 Rocket Pool title=RPL 19.50 +2.58
29 MANTRA title=OM 0.71 +2.53
30 Synapse title=SYN 0.80 +2.43

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 BENQI title=QI 0.02 -15.91
2 Manchester City Fan Token title=CITY 3.33 -6.99
3 Santos FC Fan Token title=SANTOS 5.96 -6.26
4 SSV Network title=SSV 35.13 -5.44
5 Renzo title=REZ 0.13 -5.03
6 Axelar title=AXL 1.03 -4.92
7 Injective title=INJ 23.84 -4.03
8 Neutron title=NTRN 0.67 -3.94
9 Arweave title=AR 39.91 -3.87
10 Viction title=VIC 0.48 -3.73
11 Lisk title=LSK 1.84 -3.67
12 Theta Network title=THETA 2.01 -3.64
13 Golem title=GLM 0.55 -3.55
14 Arkham title=ARKM 2.54 -3.46
15 Theta Fuel title=TFUEL 0.10 -3.41
16 Ravencoin title=RVN 0.03 -3.29
17 Akropolis title=AKRO <0.01 -3.22
18 Ren title=REN 0.06 -3.19
19 OAX title=OAX 0.22 -3.19
20 Flux title=FLUX 0.84 -3.07
21 Fusionist title=ACE 5.11 -2.85
22 xMoney title=UTK 0.08 -2.80
23 NEAR Protocol title=NEAR 7.05 -2.67
24 Lazio Fan Token title=LAZIO 2.69 -2.61
25 Coin98 title=C98 0.26 -2.58
26 AS Roma Fan Token title=ASR 3.63 -2.52
27 Biconomy title=BICO 0.43 -2.52
28 Aave title=AAVE 82.56 -2.48
29 Algorand title=ALGO 0.18 -2.45
30 Mobox title=MBOX 0.35 -2.43

Bitcoin's Greed and Fear Index.

?
53
Neutral

Global CryptoCurrency News

?
(See more news ...)
at news date
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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
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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
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30 Coinbases Stand With Crypto launches political action committee 2024-05-10
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34 Binance hits back at WSJ Hong Kong crypto ETFs take 50B equivalent Asia Express 2024-05-10
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