Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Crypto community fears debanking, but banks deny allegations

    December 8, 2025

    No, China didn’t ban crypto again

    December 8, 2025

    Validated, staking on eth2: #5 – Why client diversity matters

    December 8, 2025
    Facebook X (Twitter) Instagram YouTube
    X (Twitter) Instagram YouTube LinkedIn
    Block Hub News
    • Lithosphere News Releases
    • Altcoins
      • Bitcoin
      • Coinbase
      • Litecoin
    • Crypto
    • Ethereum
    • Blockchain
    Block Hub News
    You are at:Home » Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data
    Ethereum

    Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data

    Olivia MartinezBy Olivia MartinezOctober 23, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Crypto update: Bitcoin and Ethereum are stable as market's focus shifts to US inflation data

    • Crypto markets have entered a holding pattern, with Bitcoin near $108,164.
    • Traders are awaiting a key US inflation (CPI) report due out on Friday.
    • Hopes are rising for a de-escalation in the US-China trade war.

    Cryptocurrency markets have entered a midweek holding pattern, with prices for Bitcoin and other major digital assets remaining relatively flat as traders brace for a pivotal US inflation report and look for signs of a de-escalation in the US-China trade dispute.

    Bitcoin is trading around $108,164, up slightly from Monday but still down 2% for the week. Ether is changing hands near $3,815.

    The stabilization reflects what the analytics firm QCP Capital has described as a “narrow-range equilibrium,” a period of calm before a potential storm.

    A singular focus on the US inflation report

    The market’s primary focus is now firmly on Friday’s Consumer Price Index (CPI) report, the only major US economic data release not delayed by the ongoing government shutdown.

    In a recent note, QCP said the CPI is the “singular anchor” for policy expectations and broader risk sentiment.

    A softer-than-expected reading, the firm noted, could “re-anchor the soft-landing trade” and provide support for Bitcoin as expectations for looser monetary policy improve.

    Hopes are rising for a US-China détente

    Adding to the market’s complex picture are the shifting dynamics of the US-China trade war.

    Sentiment has improved after a weekend of whiplash, in which President Trump first threatened a massive new wave of tariffs only to later soften his stance, stating that “the USA wants to help China, not hurt it.” 

    This has led prediction markets to re-evaluate the risks. Traders on Polymarket now assign a 77% probability that a tariff agreement will be reached by November 10, while the odds of Trump’s threatened 100% tariffs taking effect have fallen to just 16 percent.

    A cleaner slate after a brutal liquidation flush

    This fragile calm comes just days after a brutal market-wide sell-off that saw nearly $20 billion in leveraged positions liquidated.

    That massive flush has reset the market, creating a cleaner slate for macro traders as they head into the crucial CPI event.

    The key question now is whether the “soft landing” narrative will be confirmed by Friday’s inflation data, or if the volatility that has defined the market in recent weeks will be reignited.

    What to watch in the markets

    For Bitcoin, analysts at Standard Chartered have noted that while sellers are limiting any immediate breakout potential, a dip below $100,000 could represent a “last chance to buy” before the next major leg higher.

    For Ethereum, the picture is more divided.

    A recent $650 million transfer by the Ethereum Foundation triggered a wave of profit-taking and liquidations, leaving analysts split between a potential breakout toward $5,000 and a possible slide toward $2,850 if the key support level at $3,470 fails to hold.


    Share this article

    Categories

    Tags



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleImagen Network to Support Kadena Chainweb EVM for Enhanced Interoperability
    Next Article Large-cap alts: LTC gains 12%, XRP at key level, SOL lands double institutional buy
    Olivia Martinez

    Related Posts

    Validated, staking on eth2: #5 – Why client diversity matters

    December 8, 2025

    The Stateless Tech Tree: reGenesis Edition

    December 8, 2025

    eth2 quick update no. 15

    December 8, 2025
    Leave A Reply Cancel Reply

    Demo
    Latest Posts

    Crypto community fears debanking, but banks deny allegations

    December 8, 20250 Views

    No, China didn’t ban crypto again

    December 8, 20250 Views

    Validated, staking on eth2: #5 – Why client diversity matters

    December 8, 20250 Views

    How the Fed meeting could move XRP

    December 8, 20250 Views
    Don't Miss

    Devconnect is back! See you this year in Istanbul.

    By Olivia MartinezNovember 28, 2025

    Dear Ethereum community, builders, and researchers, At the first-ever Devconnect last year in Amsterdam in…

    BTC, ETH, XRP eye recovery

    November 19, 2025

    Ethereum.org Translation Program: Milestones and Updates

    December 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Crypto community fears debanking, but banks deny allegations

    December 8, 2025

    No, China didn’t ban crypto again

    December 8, 2025

    Validated, staking on eth2: #5 – Why client diversity matters

    December 8, 2025
    Most Popular

    Devconnect is back! See you this year in Istanbul.

    November 28, 202525 Views

    BTC, ETH, XRP eye recovery

    November 19, 20254 Views

    Ethereum.org Translation Program: Milestones and Updates

    December 4, 20253 Views
    © 2025 - 2026

    Type above and press Enter to search. Press Esc to cancel.