The post Bitcoin Price Tops $65,000 After Softer U.S. PPI Data appeared first on Coinpedia Fintech News
Bitcoin climbed above $65,000 and Ethereum reached $1,900 for the first time in 43 days after U.S. producer prices (PPI) fell 0.3% in June, bringing annual producer inflation to 5.5%, below expectations. The rally triggered about $100 million in short liquidations within 30 minutes, while the total cryptocurrency market added nearly $250 billion in value …
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which […]
Crypto analyst Kabuki has explained why the Bitcoin rainbow chart shows that the price range is above $60,000. The analyst noted that BTC is mirroring past cycles and suggested that a base may be forming […]
The United States remains the world’s most active market for cryptocurrency investor interest, according to a new CoinInsider study, even after Bitcoin’s retreat from last year’s record highs. The report ranked 30 countries by search […]
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