Bitcoin (BTC), which started to decline after the liquidity problems in FTX, is stable before the US Consumer Price Index (CPI).
According to CoinGecko data yesterday $15,600 Bitcoin, which has fallen to the levels, experienced a slight recovery. 16,900 rose to dollar levels. However, in view of the general situation bitcoincontinues its decline before the critical data that is important for the cryptocurrency market. In the last 24 hour period 7%, 18.6% in a 7-day period depreciated bitcoinat the time the news was written $16,580traded from.
Similar decreases were seen in the 10 most valuable cryptocurrencies by market value. Ethereum (ETH) down 1.9% 1,206, BNB (BNB) down 8% 279, Ripple (XRP) down 3.4% 0.3659, Cardano (ADA) down 2.4% 0.35, Dogecoin (DOGE) 0.0834, down 6.5% Left (LEFT) down 23.1% 15.39 and Polygon (MATIC) down 1.7% $0.9334traded from.
Bitcoin’s total market cap 315 billion dollarsif the total value of the cryptocurrency market 860 billion dollars watching levels.
with Turkey time today 16.30will be announced in September bear US CPI data on an annual basis for 8%′There is an expectation.
The latest situation in Bitcoin before the US inflation data
It is wondered where the bottom level of Bitcoin, which has been breaking the support it has been on for about 5 months, will be. Bitcoin, which moves down with hard candles in the daily period to the level of 10 thousand dollars expected to decrease.
$18,600 It is predicted that Bitcoin’s rise will begin if the levels rise above it again. However, the level that has served as a support for a long time is now a clear as resistance may come out.
- The data contained in the content is definitely not investment advice.