In this video: Bitcoin and Altcoins Fall for Another False Breakout. Video by CryptoCache.
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 7:34
SOL Solana Analysis 9:19
XRP Ripple Analysis 12:37
SUI Analysis 16:01
HYPE Analysis 18:27
Bitcoin (BTC) is trading around $85,400, gaining roughly 2.1% to reclaim the crucial $86,000 threshold. The upward momentum is largely driven by macro economic developments, specifically a softer-than-expected U.S. jobs report showing only 29,000 nonfarm payrolls added in September. This has caused traders to heavily price out an October interest rate hike by the Federal Reserve.
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