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TechFlow news, October 11 — Cryptocurrency market research firm Santiment posted on X that Bitcoin touched $58,900 early today, marking its lowest level in three weeks. However, market data indicates traders view this downturn as a buying opportunity, with sentiment shifting toward bullishness. Additionally, U.S. CPI data came in line with expectations, and the market still anticipates a 25 basis point rate cut in November.
TechFlow news, October 11 — Cryptocurrency market research firm Santiment said on X that Bitcoin hit $58,900 early today, marking its lowest level in three weeks. However, market data indicates traders view this downturn as a buying opportunity, with sentiment shifting toward bullishness. Additionally, U.S. CPI data came in line with expectations, and the market still anticipates a 25 basis point rate cut in November.
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