📌 Daily Summary
● LIVE TRACKINGThe release of the Federal Reserve's Personal Consumption Expenditures (PCE) data has prompted a notable reaction in the Bitcoin (BTC) market, which is poised for increased volatility ahead of pivotal support and resistance levels this Friday. In addition, Bitcoin transactions in El Salvador have drastically declined, raising concerns about the cryptocurrency's adoption and utility in the region. Markus Thielen, founder of 10x Research, has expressed skepticism regarding Bitcoin reaching previous all-time highs in the immediate future. Meanwhile, the Crypto Fear and Greed Index has surged to its highest level since before the 2025 crash, indicating a potential shift in market sentiment. Furthermore, Tron founder Justin Sun's recent decision to unlock 5,000 stETH for the first time in a year has raised questions about a possible sell-off in the broader market.
12:32
PCE data has been released in the US. How did Bitcoin (BTC) and the dollar react? How does personal consumption expenditure affect the BTC price?
12:06
After Bitcoin tested above $81,000, the market is preparing for the $6.4 billion worth of options to be traded on Friday.
11:23
El Salvador became the first country in the world to recognize Bitcoin as its official currency in 2021.
09:02
📰 10x Research Founder Markus Thielen Doesn’t Expect Bitcoin to Reach a Record High in the Near Term
Thielen, known for his analysis of the crypto market, adopted a cautious approach regarding Bitcoin's price movements.
08:03
Analysts view the shift of capital towards small-cap tokens with low trading volume as a sign that risk appetite is returning.
