Search results for PMI
Crypto
Bitcoin faces growing downside pressure; U.S. PMI, Nvidia results in focus
Bitcoin slid to $76,500, its lowest since May 1, dropping below the 21-week EMA and exiting a bull-market support zone. The decline triggered derivatives-market shocks, with crypto long liquidations topping $670 million in 24 hours. Traders see $75,000 to $76,000 as a near-term pivot. Macro pressures include rising Middle East tensions, higher oil prices and U.S. 30-year yields above 5 percent. Investors are watching upcoming U.S. manufacturing PMI data and Nvidia earnings for further volatility signals.
Crypto
Bitcoin pauses ahead of $80,000 as Fed, war variables draw focus
Bitcoin closed weekly trading above its 21-week exponential moving average for the first time since October 2025, putting attention on whether it can retake $80,000. Analysts cited $79,000 and $73,000 as key levels and said liquidations could add volatility. Markets are also watching the path of a U.S.-Iran war and a series of Federal Reserve events. Some on-chain analysis pointed to institutional demand supporting the downside.
Crypto
Ethereum whale places $90.8 million leveraged long bet, boosting hopes of ETH return to $3,000
An Ethereum whale has opened a $90.8 million leveraged long position, lifting expectations that the token’s rebound may continue. Ether trades in the $2,320 range, about 32 percent above its Feb. 6 low of $1,750, as markets watch macro data and large investors’ moves. Analysts also pointed to another $61 million long on Hyperliquid and persistent inflows into U.S. spot ether ETFs, while technical indicators highlight resistance around $2,400 to $2,500.
