Crypto Markets Drop as US Inflation Data Sparks Liquidations and Fears
The crypto market experienced a sharp decline following a hot US CPI report, with Bitcoin falling below $80,000 and nearly $1 billion in liquidations across major tokens. Despite some tokens like $BTC and $ETH showing modest gains, the overall sentiment remains bearish amid inflation concerns and rate hike fears.
Market overview
Total crypto market cap stands at $2.80T on $67.40B of 24h volume. BTC dominance is +59.87% and the Fear & Greed index reads 63 — Greed.
Signal performance
Over today, 14 signals reached a target, averaging +9.24% profit and +11.43% peak.
Headlines
- Ledger Reveals Hardware Implant Attack Targeting Seed PhrasesTronWeekly · Oct 15
Ledger reveals hardware implant attack
- AWS, Anthropic invest billions in AI engineers to boost tech deploymentCrypto Briefing · Oct 15
AWS and Anthropic invest billions in AI engineers, potentially reshaping AI deployment and market dynamics.
- Bitcoin Sinks Toward $80,000 After Hot CPI. Will Whales Keep What They Added?BeInCrypto · Oct 15
Bitcoin dropped below $81,000 after a hot CPI report, raising questions about whether whales will retain their recent additions.
- Google Touts ‘Magic’ Quantum Breakthrough as Bitcoin Q-Day Threat LoomsBitcoin News · Oct 15
Google's quantum breakthrough could threaten cryptography securing Bitcoin and digital assets.
- MSCI Finalizes Rules That Could Remove Strategy and Metaplanet From Global IndexesCrypto Adventure · Oct 16
MSCI may remove Bitcoin companies from indexes