US EditionBitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data
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New all-time highs or $110,000 retest trigger: Bitcoin awaits CPI data release - Coin Surges
Bitcoin (BTC) trades in a critical range ahead of the Consumer Price Index (CPI) release on Aug. 12. A recent “Bitfinex Alpha” report positioned BTC for either a breakout to new all-time highs or a retracement toward $110,000 support levels. The Aug. 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events reaches elevated levels. The report noted that Bitcoin has recovered from its Aug. 1 breakdown, successful…
Bitcoin Surges Past $120K, Investors Cautiously Optimistic
Bitcoin’s recent surge past the $120,000 mark has ignited a mix of optimism and caution among investors. The cryptocurrency’s bullish momentum, which saw it reach an intraday high of $122,300, has fueled speculation about a potential new record high. However, seasoned investors are advising prudence, suggesting that the current rally could be a relief rally before another consolidation phase. Source
rnd.de
LVZ - Leipziger VolkszeitungAfter the last bitcoin had slumped off, he is now feeding on his record high from mid-July. The digital currency is increasingly attracting the interest of institutional investors.
Bitcoin starts the new week powerfully and is close to the all-time high. The reasons for the price rally are versatile – but investors have to keep calm, says one analyst. Source: BTC-ECHO BTC-ECHO
The price of Bitcoin rose to $122,155 in the early trade on the Bitstamp trading platform.
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