Bitcoin Rejected At $87K As Ethereum Liquidity Falls
Bitcoin faces resistance at $87,000 for the third time, while October rate hike odds drop to 18% and Ethereum liquidity declines despite a Q3 rally.
Bitcoin ($BTC) faced rejection at the $87,000 resistance level for the third consecutive time, according to data published by Binance. The recent market movement coincides with a drop in October rate hike odds to 18%.
At the same time, Ethereum ($ETH) experienced a sharp drop in liquidity, contrasting with its prior 70% rally recorded in the third quarter.
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Key facts
- Bitcoin was rejected at the $87,000 level for the third time.
- October rate hike odds fell to 18%.
- Ethereum liquidity dropped sharply despite a 70% Q3 rally.
Source: news.google.com
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