$BTC U.S. stocks rebounded across the board, but crypto still didn't catch up.
Nasdaq rose about 2.6%, the S&P 500 about 2.3%, and the Dow about 2.2%.
Chip and memory stocks led the gains: Micron rose about 5.5%, and SanDisk about 5.6%.
Nvidia was still down, by about 5.6%; it had fallen even more in premarket trading this morning.
BTC is around 74,600, versus about 74,500 this morning—basically unchanged all day.
75,000 is still the ceiling; the 24-hour high was only about 75,848.
ETH is around 2,122, down about 4.9% over 24 hours; SOL is around 86.5, down about 3.1%.
The rebound in U.S. stocks didn't lift crypto, which suggests this rally hasn't reached the crypto market yet.
October CPI is tomorrow at 08:30. That's the real test.
BTC needs to get back above 75,000 for some breathing room; below 73,477, the next level to watch is the 200-day moving average at around 73,176.
These are my personal views, not investment advice. Follow me for the CPI results.
Nasdaq rose about 2.6%, the S&P 500 about 2.3%, and the Dow about 2.2%.
Chip and memory stocks led the gains: Micron rose about 5.5%, and SanDisk about 5.6%.
Nvidia was still down, by about 5.6%; it had fallen even more in premarket trading this morning.
BTC is around 74,600, versus about 74,500 this morning—basically unchanged all day.
75,000 is still the ceiling; the 24-hour high was only about 75,848.
ETH is around 2,122, down about 4.9% over 24 hours; SOL is around 86.5, down about 3.1%.
The rebound in U.S. stocks didn't lift crypto, which suggests this rally hasn't reached the crypto market yet.
October CPI is tomorrow at 08:30. That's the real test.
BTC needs to get back above 75,000 for some breathing room; below 73,477, the next level to watch is the 200-day moving average at around 73,176.
These are my personal views, not investment advice. Follow me for the CPI results.
