Breaking: Bitcoin Bounces Back to $111K Ahead of US CPI Report Launch, Oct. 24
An In-depth Analysis of Current Crypto Market Trends as Bitcoin Surpasses $111K, Awaiting Impact of US CPI Report
Key Points
- Crypto traders are anticipating the release of the US CPI report for September, due on Oct. 24.
- This event is currently influencing the crypto market.
Crypto traders are eagerly waiting for the US CPI report for September, which is scheduled to be released on Oct. 24.
This impending event is currently having a significant impact on the crypto market.
Bitcoin Regains $111K as Market Awaits US CPI Report
The value of Bitcoin has risen back to $111K as the crypto market anticipates the release of the US CPI report.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Ripple Strategy: Garlinghouse Stresses XRP’s Core Role
Quick Take Summary is AI generated, newsroom reviewed. Ripple CEO Brad Garlinghouse says XRP is at the core of everything Ripple does. Ripple Prime acquisition improves XRP liquidity and accessibility. XRP’s central role could boost adoption and strengthen the market. Legal clarity and global expansion may further support XRP’s use in payments.References Ripple CEO Brad Garlinghouse says XRP is at the center of everything Ripple does.
Kalshi $4 Billion Volume Signals Rise of Prediction Markets
Quick Take Summary is AI generated, newsroom reviewed. Kalshi surpassed $4 billion in trading volume over the past 30 days. Expansion into sports markets boosted user engagement and trades. Partnerships with platforms like Robinhood increased accessibility. Institutional interest and global reach highlight Kalshi’s growing market impact.References JUST IN: Kalshi surpasses $4,000,000,000 in volume over the past 30 days.
Ethereum Updates Today: Ethereum Sets Stage for Surge as ETFs and Technical Indicators Converge
- Ethereum ETFs saw $141.6M inflows on October 21, led by Fidelity and BlackRock, signaling renewed investor confidence. - Whale holders increased 10,000+ ETH holdings by 150,000 (worth $588M) in 24 hours, while dormant coin metrics suggest reduced selling pressure. - Technical indicators show RSI at 41.15 and Bollinger Band compression, with $4,281 as a key resistance level for potential bullish momentum. - Market uncertainty persists due to Fed rate decisions and Ethereum's 21% discount to August highs,
Meme Coin Craze: Comparing MoonBull's Tokenomics with Competitors' Risky Profits
- MoonBull ($MOBU) raised $450K in Stage 5 presale, offering 9,256% ROI with sustainable tokenomics including liquidity injections and burns. - Rivals BullZilla ($BZIL) and CULEX ($CULEX) also attract investors, with BZIL projecting 2,738% ROI and CULEX showing grassroots growth despite less structured models. - Upcoming U.S. inflation data and favorable crypto regulations create a speculative environment, favoring projects with transparent governance and deflationary mechanisms like MoonBull. - MoonBull’s
