Diesen Artikel teilen
Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
The broad-based CoinDesk 20, a liquid index of the biggest tokens, minus stablecoins, was down 3%.
- Bitcoin and major alternative cryptocurrencies (altcoins) trade weak ahead of the pivotal U.S. CPI release.
- One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.
Bitcoin is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.
Profit-taking from Monday continued as several major tokens slid lower. Ether and Solana’s SOL lost 2.8% and Cardano’s ADA and slumped as much as 4%. BNB Chain’s BNB was the only token in green with a slight 1.8% rise.
STORY CONTINUES BELOW
Verpassen Sie keine weitere Geschichte.Abonnieren Sie noch heute den Crypto Daybook Americas Newsletter. Alle Newsletter ansehen
The broad-based CoinDesk 20, a liquid index of the biggest tokens, excluding stablecoins, was down 3%.
The Asian session demand for bitcoin and leading altcoins represented trade optimism, FxPro Senior Market analyst Alex Kuptsikevich told CoinDesk in a message, warning of potential volatility explosion following the release of the U.S. consumer price index later Wednesday.
“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP [nonfarm payrolls report], has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.
Still, some analysts said bitcoin correction could be over. Selling pressure from certain long-term wallets seems to have cooled in recent weeks, alongside a bump in demand for spot bitcoin, on-chain analysis firm Glassnode said in a Tuesday report.
“Bitcoin’s strong performance over the last 12 months is supported by a surge in spot trade volume and exchange deposit and withdrawal volumes,” analysts at blockchain data tracking firm Glassnode wrote. “Profit-taking by long-term holders spiked meaningfully into the $73k ATH and has been cooling down in recent weeks. This comes alongside an uptick in new demand brought on by the U.S. spot ETFs.”
The firm defines long-term holders as wallets that keep a token for more than 155 days instead of trading over weekly or daily periods.
Mehr für Sie
Was Sie wissen sollten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Traders mull the bottom as bitcoin returns to week's lows below $86,000
One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.
What to know:
- Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
- Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
- One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.
Top Stories
