📅 11 August 2026
The crypto market saw a volatile session as risk appetite weakened ahead of U.S. inflation data, prompting investors to cut back positions in high-risk assets.
📊 Key Developments
🔸 BTC trades near $64,000 after breaking short-term support levels.
🔸 ETH falls below $1,900 amid selling pressure across most major currencies.
🔸 XRP is one of the most affected currencies, as traders are awaiting tomorrow’s U.S. inflation data, which could determine the next direction.
🔥 What are investors watching?
U.S. Consumer Price Index (CPI) data.
Bitcoin ETF flows.
Bitcoin’s key support levels near $63.5K–$64K.
👀 Currencies worth watching
SUI
ADA
SONIC
BNB
LUNC
If buying momentum returns after the economic data is released, these currencies could be among the first beneficiaries, but that remains a scenario dependent on improving market sentiment rather than a guarantee.
💡 Summary
The market is going through a critical phase. Short-term traders are monitoring macroeconomic data, while long-term investors believe that periods of volatility may create opportunities to build positions gradually with risk management.
What do you think?
Do you think the market will start a new bullish wave after the inflation data, or will we see further downside?
#crypto #bitcoin #Ethereum #BNB #SUİ #LUNC #Altcoins #BinanceSquare
