Crypto Markets Today: BTC Reclaims $111K, ETH Tops $4K After Last Week’s Sell-Off
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Bitcoin and ether regained key support levels Monday, leading a broader market recovery that saw altcoins like LINK and FLOKI surge as sentiment improved.
Binance FLOKI is currently priced at $0.00008568, with a 24-hour increase of 26.26%. 24-hour transaction volume of 400 million US dollars, an increase of 1075.75%, for reference only
[Bitcoin Spot ETF Trading Volume Exceeds $2 Billion in Two Hours]
The trading volume of the Bitcoin Spot ETF surpassed $2 billion within two hours of today's market opening, indicating strong demand for the product. (Watcher.Guru)
Bitget IP/USDT perpetual trading volume surged 5 times within 10 minutes, with a turnover of 3.87 million US dollars in the past 24 hours, an increase of 1.94%
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally
[Bitcoin Whale Short Position Reaches $111 Million]
On-chain data shows that the Bitcoin whale, who profited $160 million before the '10.11 flash crash,' currently holds a short position worth $111 million, with 1,000 BTC shorts. The opening price was $109,672.2, and the current unrealized loss is approximately $1.309 million.
[Goldman Sachs Expects U.S. September CPI to Rise 0.3% Month-on-Month]
Goldman Sachs predicts that both overall and core CPI in the U.S. for September will increase by 0.3% month-on-month, with the annual rate of core inflation expected to remain at 3.1%. Analysts pointed out that the impact of car and airfare prices on inflation has weakened, while contributions from the labor and housing markets have declined. However, tariffs may exert pressure on industries such as communications and home decor. The annual core inflation rate is expected to remain at 3.1% through December.