Author: Cointelegraph By Rakesh Upadhyay

Bitcoin and most major altcoins are witnessing a relief rally but higher levels are likely to attract strong selling by the bears. Source link

Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips. Source link

The FTX collapse continues to stoke fears of a contagion in the cryptocurrency space as investors wait to hear about businesses that may face the heat. One of the marquee names to come under the circle of suspicion is the Grayscale Bitcoin Trust (GBTC), which has seen its discount to Bitcoin’s (BTC) price reach record…
Read more

Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control. Source link

The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies. Source link

The S&P 500 and the Nasdaq Composite fell to a new year-to-date low last week and closed the week with a loss of 1.55% and 3.11% respectively. The scenario changed drastically on Oct. 17 after earnings season ramps up and a sharp policy reversal from UK finance minister Jeremy Hunt added detail to the government’s…
Read more

The United States consumer price index (CPI) increased 8.2% annually in September, beating economists’ expectations of an 8.1% rise. The CPI print lived up to its hype and caused a sharp, but short-term increase in volatile risk assets.  The S&P 500 oscillated inside its widest trading range since 2020 and Bitcoin (BTC) also witnessed a…
Read more

Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. Source link

Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Source link

Traders shift their focus to XRP, UNI, QNT and EGLD while Bitcoin continues to consolidate around the $20,000 level. Source link