Bitcoin Slips Down to $64K, Ethereum Pulls Back From Six-Week Peak: Market Watch
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Bitcoin briefly exceeded $65,500 yesterday after lower-than-expected US CPI data and then pulled back about $1,500 to roughly $64,000, marking a multi-week high met by resistance. Ether jumped to about $1,950 for the first time since early June before retreating below $1,900, indicating a CPI-driven crypto market rally that encountered selling pressure and produced a mixed short-term signal.
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Bitcoin’s price rose to a multi-week high of its own yesterday when it briefly exceeded $65,500 on the heels of the lower-than-expected US CPI data. However, it was stopped there and now sits a grand and a half lower.
ETH rode the wave even harder, jumping to roughly $1,950 for the first time since early June before it was halted and pushed south to under $1,900.
In This News
Coins
$ 64.14K
-0.87%
$ 1.89K
+0.27%
$ 0.375
+17.3%
$ 0.0756
-8.18%
$ 1.89K
+0.46%Funds
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In This News
Coins
$ 64.14K
-0.87%$ 1.89K
+0.27%$ 0.375
+17.3%$ 0.0756
-8.18%$ 1.89K
+0.46%Funds
Predictions Markets
See what traders are focused on
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Pi Network’s PI Finally Rebounds as Bitcoin (BTC) Eyes $65K: Market Watch
