Bitcoin: Buyers Shunned the Dip at 58,000 Dollars
Bitcoin
September 12, 2026
09:05
By:
CryptoNews
The cryptocurrency market remembers the sharp drop of BTC below 58,000 dollars in July. However, on-chain data shows a much weaker reaction than expected after this dip.
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
Related news
September 30, 2026
Only 104,105 BTC, worth about $8.7 billion, is currently deployed in productive onchain strategies, according to a joint report from …
September 30, 2026
Rising profit margins may trigger increased sell-offs, potentially leading to heightened market volatility and testing key support levels. Bitcoin trader …
September 30, 2026
Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising …
September 30, 2026
Democratic staff on the Senate Permanent Subcommittee on Investigations analyzed 846 Iran-linked wallets and found 84% transacted exclusively or almost …
September 30, 2026
August PCE inflation rose 3.4% annually, while elevated Treasury yields kept pressure on risk assets.
