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Bitcoin Jumps Previous $114Ok As Markets Eye Fed Easing After PPI Report
Bitcoin climbed past $114,000 this week, pushing markets higher after a surprisingly weak reading on producer prices. According to reports, the move followed a pullback in US PPI that many traders read as a sign the Federal Reserve may be able to start cutting rates. Related Reading The jump was quick and loud on price…
Analyst Says Don’t Purchase Bitcoin Till This Occurs
Crypto analyst Gargoyle has advised market participants not to buy Bitcoin until it sees high volume, which could mark the bottom. This comes amid BTC’s recent drop below the psychological $80,000 level, with the leading crypto at risk of another decline.  Analyst Advises Against Buying Bitcoin Until Bottom Is Confirmed In an X post, Gargoyle…