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Bitcoin Breaks Down Below $60,000 As Analysts Warn of Much Lower Prices for BTC

Bitcoin Breaks Down Below ,000 As Analysts Warn of Much Lower Prices for BTC

Following Bitcoin’s (BTC) dip below the $60,000 level, analysts are warning that the crypto king is at risk of moving even lower. The analyst pseudonymously known as DonAlt tells his 566,900 followers on the social media platform X that Bitcoin could remain bearish unless it reclaims a key level as support on the weekly chart. […]

The post Bitcoin Breaks Down Below $60,000 As Analysts Warn of Much Lower Prices for BTC appeared first on The Daily Hodl.

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Gamestop and a GME-inspired memecoin are rallying harder as hotter-than-expected inflation data boosts risk appetite in crypto and stocks. The producer price index (PPI), which measures what producers receive for their goods, increased 0.5% in April and was up 2.2% on a 12-month basis, according to the latest release from the Bureau of Labor Statistics […]

The post Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher appeared first on The Daily Hodl.

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says