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Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of Hope
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2
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Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key Support
Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key SupportEthereum (ETH) price has been under sustained pressure recently, falling below $2,400 for the second time in three days. While the wider market may be hopeful that the latest decline marks a bottom, on-chain analysis points to a different narrative