Read more
3:13 PM ยท 3 October 2024

Bitcoin drops below $60k pressured by strengthening US dollar ๐Ÿ“‰

Bitcoin is today trading below the important psychological barrier of $60,000 and also the 200-session exponential average. The decline appears to be triggered by uncertainty on Wall Street and a stronger U.S. dollar, which is trading up 0.4% today (USDIDX); 10-year U.S. Treasury bond yields are up 4 basis points today, to near 3.85%, supported by much stronger-than-forecast US ISM reading from the services sector.

ISM data for September from the US indicated a reading above 54 points and an increase in the price component to nearly 60 points' a slightly weaker employment index. Along with BTC, gold is also down today, weakened by still strong data from the U.S. economy, which, along with higher oil prices, supported by Middle East tensions, put a bit of a question mark over the Fed's continued rate cut cycle.Source: xStation5

3 February 2026, 7:04 PM

Dailu summary: Sell-off on Wall street ๐Ÿ“‰ Bitcoin and Ethereum extend downfall in panic

3 February 2026, 5:21 PM

๐ŸšจBitcoin and Ethereum lose amid weakening sentiments on Wall Street

2 February 2026, 6:54 PM

Daily Summary: Precious metals are bleeding, and the US government is shut down again!๐Ÿ”’

2 February 2026, 3:11 PM

Crypto news๐ŸšจBitcoin enters the bear market after 40% crash since record high

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits