Bitcoin and ether cap October with third weekly loss in the past four: CNBC Crypto World | Bitcoi…


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Explore the latest developments concerning Bitcoin and ether.

Bitcoin and ether cap October with third weekly loss in the past four: CNBC Crypto World

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Lacking Conviction

Bitcoin’s struggle below key cost-basis levels reflects fading demand and continued long-term holder distribution. While volatility has cooled and options positioning looks balanced, the market now hinges on the Fed meeting expectations, and any hawkish surprise could reignite volatility.

Bitcoin’s struggle below key cost-basis levels reflects fading demand and continued long-term holder distribution. While volatility has cooled and options positioning looks balanced, the market now hinges on the Fed meeting expectations, and any hawkish surprise could reignite volatility.

Over the weekend, Bitcoin staged a short-lived recovery after briefly dipping to the lower boundary of the top-buyers’ supply cluster, spanning $107K–$118K. According to the Cost Basis Distribution Heatmap, the price rebounded from the midline near $116K before retracing to around $113K.

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