Latest update · October 21, 2026
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Bitcoin broke below $60,000 after the Fed held rates steady and signalled inflation wasn't moving toward its 2% target.
Bitcoin faced a strong resistance level at $65,500, with a breakout potentially unlocking a new wave of bullish sentiment.
Bitcoin jumped 13% past $71K and Ethereum surged 32% after Bloomberg raised the odds of a spot ETH ETF approval to 75%.
Bitcoin held above $70K after the Ethereum spot ETF approval news, dipping 2.1% amid continued Mt Gox-related selling activity.
Bitcoin rose 4% to reclaim $70K after last week's Mt Gox-driven pullback, with $80K now seen as an achievable near-term target.
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