Live Feed

Bitcoin News: Standard Pre-FOMC Pullback and $120K Break Puts $143K in Play, Analysts Say

Bitcoin price rebounded near $112,500 after failing to break above $116,000. Analysts are observing the $120,000 threshold, which, if surpassed, could lead to a rally towards $143,000. Currently, Bitcoin trades around $113,000, as traders await the Federal Open Market Committee (FOMC) meeting. They suggest that a climb above $120K indicates potential for further gains, as historical data shows less resistance beyond this point. Other analysts view the recent pullback as a standard dip rather than a trend reversal, emphasizing the $112K mark as crucial support. Selling pressure is noted around $117K, indicating a potential tug-of-war in the market. If Bitcoin can hold above $112,500, this could set the stage for a push towards the $116K–$120K range, with a clean move likely to define the next price action. Conversely, falling below $112.5K might bring the $111K support into play.

Source 🔗

Fed Rate Cut Today? BTC, SOL, ADA, XRP, DOGE Slide Ahead of FOMC Meeting

Bitcoin hovered near $113,000 as traders positioned cautiously ahead of the Federal Reserve's policy decision. The FOMC meeting on October 28–29 is expected to result in a 25 basis point cut to benchmark rates, impacting cryptocurrency and risk markets. Bitcoin has remained resilient amid tightening liquidity

Ether Price Analysis: ETH Holding Above $4K, Arkham Says 'BitMine Is Buying the Dip'

Ether closed near $4,022.71, up 0.98%, after demonstrating resilience around the $4,000 level, with trading volume exceeding the seven-day average by 35%. Arkham reported that BitMine withdrew approximately $113 million of ETH from Bitgo, indicating a strategy of buying the dip. Bitmine Immersion Technologies disclosed that

XRP Price Analysis: Ripple Trades Higher on Big Flows, Yet Technical Setup Signals Caution

XRP rose by 0.60% to $2.623 as its trading volume surged 47% above the seven-day average, reflecting growing institutional interest. While this bullish behavior is noted, XRP continues to face resistance near $2.68, with many analysts suggesting a consolidation phase is imminent. The support level around $2.

Read next