Bitcoin Dips, but Ethereum, XRP, Dogecoin Gain Even as 'Greed' Prevails: Analyst Says 'Loss of Stability' Could Erase BTC Gains
Leading cryptocurrencies held firm on Wednesday as investors digested the latest inflation data and expectations of another rate hike. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.20% $83,561.41 Ethereum (CRYPTO: ETH) +0.30% $2,689.97 XRP (CRYPTO: XRP) +0.10% $1.49 Solana (CRYPTO: SOL) -0.90% $118.35 Dogecoin (CRYPTO: DOGE) +0.70% $0.09507 Cryptocurrencies Hold Their Levels Bitcoin hit an intraday high of $85,518 in the early hours, then pulled back to the $83,000 range by evening. Ethereum consolidated between $2,650 and $2,730. Cryptocurrency-related stocks dipped further, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing down 1.02% and 1.12%, respectively. Over $260 million was liquidated from the cryptocurrency market in the last 24 hours, with longs and shorts accounting for roughly equal shares, according to Coinglass data. Bitcoin’s open interest rose 0.92% over the last 24 hours. When open interest rises while the asset’s price falls, it typically signals a short buildup, as new sellers enter the market. "Greed sentiment prevailed in the market, according to the Crypto Fear & Greed
Leading cryptocurrencies held firm on Wednesday as investors digested the latest inflation data and expectations of another rate hike. m. 09507 Cryptocurrencies Hold Their Levels Bitcoin hit an intraday high of $85,518 in the early hours, then pulled back to the $83,000 range by evening. Ethereum consolidated between $2,650 and $2,730.
Cryptocurrency-related stocks dipped further, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 12%, respectively. Over $260 million was liquidated from the cryptocurrency market in the last 24 hours, with longs and shorts accounting for roughly equal shares, according to Coinglass data.
92% over the last 24 hours. When open interest rises while the asset’s price falls, it typically signals a short buildup, as new sellers enter the market. "Greed sentiment prevailed in the market, according to the Crypto Fear & Greed Index. m.
5421 Read Also: Bitcoin, XRP Have Utility but One Privacy Token Is Gaining Market Share Stocks Slip Even as Inflation Slows Down Stocks were a mixed bag on Monday. 05. 54. 06.
4%. 7% consensus. Traders are now pricing in a 38% chance of another 25-basis-point rate hike next month, down from 50% the day before, according to the CME FedWatch tool. Bitcoin Still Not Out of the Woods?
” “Loss of that stability would see price revert into the $60,000-$80,000 Macro Range for additional consolidation there,” the analyst added. ” “If the delta stalls near its current level and rolls over while price pushes higher, the divergence would suggest that the rally is losing support,” CryptoQuant added. com (@cryptoquant_com) September 30, 2026 Read Also: Bitcoin Whales Add 41,000 BTC in 10 Days as Retail Passes: What’s Happening? com