Bitcoin Tests $78K Again After Losing It as Key Support
PPI and CPI put Bitcoin's $78K level in a macro test, while the 50W EMA and 50 MA define the key downside and upside technical thresholds.
Live BTC, ETH, and altcoin price moves, support and resistance levels, breakouts, and chart patterns.
PPI and CPI put Bitcoin's $78K level in a macro test, while the 50W EMA and 50 MA define the key downside and upside technical thresholds.
A cooler-than-expected August payrolls print and a global bond selloff have pushed Bitcoin to its 50-week EMA at $76,800, with Friday's CPI now the single print that decides whether the floor holds…
A hotter-than-expected producer price print tightens the Fed's already narrow path to rate cuts, with upstream cost pressures still running well above the central bank's comfort zone.
A narrow group captures most non-stablecoin market value, leaving altcoins with a much smaller share of capital and making market growth more dependent on the largest assets.
The trader now ranks as the largest holder of the token with a $10.55M position, a concentration that makes their next move a market signal in its own right.
Core CPI's slide to 2.4% annually marks its lowest reading since March 2021, a signal that underlying price pressures are cooling even as energy costs push the headline figure higher.
Binance alone processed $1.67 trillion, nearly half the market, while a slipping futures-to-spot ratio hints traders are rotating toward direct exposure.
The key market question is whether XRP's futures signal turns constructive enough to validate a durable rebound.
The drop signals either a voluntary OPEC+ supply cut pushed further than markets anticipated, or a structural demand signal that could ripple through energy prices and risk assets globally.
A return to $108 oil reignites inflation fears just as central banks were hoping energy prices would stay subdued, putting rate-cut timelines back under pressure.
Bitcoin alone commands 66.6% of the top-100 non-stablecoin market cap, a share meaningfully higher than five years ago, signaling that altcoins are losing the capital-flow battle to the majors.
A sudden Zcash price drop triggered back-to-back forced closures, erasing 3,848.5 ZEC across two leveraged long positions and underscoring the thin liquidity that makes mid-cap altcoin perps…
A six-day, 20% rally in Cardano has nearly fully reversed, with the $0.2151 level rejecting three times and volume picking up on the latest breakdown, leaving thin air below $0.2051.
With the 10-year yield pressing toward 5% and oil above $104 a barrel, a hotter-than-expected CPI print could force a reckoning between rate pressure and an economy that cannot sustain higher…
Aggregate crypto open interest fell to $59.5B and 24-hour liquidations climbed to $256M, with Zcash absorbing the sharpest unwind as the market awaits August CPI before the Fed's September meeting.
Weekly closes above the 50-week average matter more than a single move, while a retreat toward $70K would still fit the 2023 bottoming pattern.
The vote links XRP's chart setup to a broader question of how U.S. regulators divide authority over digital assets.
The range is more than a chart level: a hold here lines up with on-chain signs of institutional reaccumulation, while a slip invites the trend to weaken before any next-leg move.
BTC's support test is a market-structure story, while LAPTOP's collapse exposes thin-liquidity risk and HYPER's presale shifts the question to execution.
At $400K, Bitcoin's market cap would land near $8T, comparable to gold. Armstrong's long-dated calls anchor retail expectations more than they move spot tape.