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
Dogecoin News Today: Dogecoin ETFs Indicate Growing Interest from Institutions, Yet Can the Meme Coin Demonstrate Its Value?
- U.S. Dogecoin ETFs (BWOW, GDOG) launched amid mixed market reactions, with GDOG's $1.4M debut volume far below $12M forecasts. - Both ETFs hold actual Dogecoin but lack 1940 Act registration, exposing investors to liquidity risks and regulatory uncertainty. - Market analysts cite Dogecoin's volatility, meme origins, and descending price patterns as barriers to mainstream adoption. - Fee structures (0.34-0.35%) and regulatory ambiguity highlight challenges in monetizing meme coins despite institutional in
Australia's Cryptocurrency Reform Strikes a Balance Between Fostering Innovation and Safeguarding Investors
- Australia introduces 2025 Digital Assets Framework Bill to regulate crypto exchanges and custody providers under stricter licensing and ASIC oversight, aiming to protect investors and align with traditional finance standards. - The bill classifies operators into "digital asset platforms" and "tokenized custody platforms," with exemptions for small operators under A$5,000 per customer and A$10M annual transactions. - An 18-month transition period and potential A$24B annual productivity gains are expected,
ZK Pumping: How Infrastructure Grants Propel Expansion in Real Estate and Technology Sectors
- Webster , NY's $9.8M FAST NY grant transforms a 300-acre Xerox brownfield into a high-tech industrial hub via infrastructure upgrades. - The project reduces development barriers, attracting $650M private investments like the fairlife® dairy plant and boosting property values by up to 30%. - Tech integration, including blockchain-based traffic systems, positions Webster as a model for linking physical and digital infrastructure in industrial growth. - "ZK Pumping" demonstrates how strategic infrastructure
Bitcoin Updates Today: Assessing Bitcoin's Support Zones—Will Institutional Investments Surpass Federal Reserve Ambiguity?
- Bitcoin faces critical $84,000–$86,000 support after 31% November selloff, with institutional inflows and whale accumulation signaling ongoing bull cycle resilience. - JPMorgan upgrades miners like Cipher Mining amid rising HPC demand, while Fed rate-cut odds hit 71% for December, potentially boosting risk assets. - On-chain data shows historic BTC transfers to long-term holdings, contrasting with Binance's delistings and regulatory-driven liquidity management efforts. - 2025–2030 price forecasts range $
Trending news
MoreCrypto prices
More
