Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Legal Disclaimer
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Brief ChainBrief Chain
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Brief ChainBrief Chain
    Home»Crypto News»Ethereum»Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data
    Crypto update: Bitcoin and Ethereum are stable as market
    Ethereum

    Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data

    October 28, 20253 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    kraken


    • Crypto markets have entered a holding pattern, with Bitcoin near $108,164.
    • Traders are awaiting a key US inflation (CPI) report due out on Friday.
    • Hopes are rising for a de-escalation in the US-China trade war.

    Cryptocurrency markets have entered a midweek holding pattern, with prices for Bitcoin and other major digital assets remaining relatively flat as traders brace for a pivotal US inflation report and look for signs of a de-escalation in the US-China trade dispute.

    Bitcoin is trading around $108,164, up slightly from Monday but still down 2% for the week. Ether is changing hands near $3,815.

    The stabilization reflects what the analytics firm QCP Capital has described as a “narrow-range equilibrium,” a period of calm before a potential storm.

    synthesia

    A singular focus on the US inflation report

    The market’s primary focus is now firmly on Friday’s Consumer Price Index (CPI) report, the only major US economic data release not delayed by the ongoing government shutdown.

    In a recent note, QCP said the CPI is the “singular anchor” for policy expectations and broader risk sentiment.

    A softer-than-expected reading, the firm noted, could “re-anchor the soft-landing trade” and provide support for Bitcoin as expectations for looser monetary policy improve.

    Hopes are rising for a US-China détente

    Adding to the market’s complex picture are the shifting dynamics of the US-China trade war.

    Sentiment has improved after a weekend of whiplash, in which President Trump first threatened a massive new wave of tariffs only to later soften his stance, stating that “the USA wants to help China, not hurt it.” 

    This has led prediction markets to re-evaluate the risks. Traders on Polymarket now assign a 77% probability that a tariff agreement will be reached by November 10, while the odds of Trump’s threatened 100% tariffs taking effect have fallen to just 16 percent.

    A cleaner slate after a brutal liquidation flush

    This fragile calm comes just days after a brutal market-wide sell-off that saw nearly $20 billion in leveraged positions liquidated.

    That massive flush has reset the market, creating a cleaner slate for macro traders as they head into the crucial CPI event.

    The key question now is whether the “soft landing” narrative will be confirmed by Friday’s inflation data, or if the volatility that has defined the market in recent weeks will be reignited.

    What to watch in the markets

    For Bitcoin, analysts at Standard Chartered have noted that while sellers are limiting any immediate breakout potential, a dip below $100,000 could represent a “last chance to buy” before the next major leg higher.

    For Ethereum, the picture is more divided.

    A recent $650 million transfer by the Ethereum Foundation triggered a wave of profit-taking and liquidations, leaving analysts split between a potential breakout toward $5,000 and a possible slide toward $2,850 if the key support level at $3,470 fails to hold.

    Share this articleCategoriesTags



    Source link

    livechat
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    ETH Futures Open Interest Rises As Institutional Investors Return

    April 16, 2026

    Ethereum Eyes $2,480 Breakout as Bullish Momentum Builds Alongside New $1M Security Audit Initiative

    April 15, 2026

    Ether Profitability Metric Flips Bullish as ETH Price Targets $3K

    April 14, 2026

    Ethereum Faces Resistance Near $2,300 as Momentum Weakens Within Tight Trading Range

    April 13, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    coinbase
    Latest Posts

    Why the SEC just gave self custody crypto apps 5 years to get traditional broker licenses

    April 16, 2026

    Bitcoin Trend Reversal May Confirm If BTC Closes Above $76K

    April 16, 2026

    ETH Futures Open Interest Rises As Institutional Investors Return

    April 16, 2026

    Global recession inevitable if Strait of Hormuz stays shut

    April 16, 2026

    Crypto Protocols Almost Never Disclose Market-Maker Terms, Study Finds

    April 16, 2026
    10web
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Legal Disclaimer
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Tether To Lead $150M Recovery Program for DeFi Platform Drift Protocol

    April 16, 2026

    “Too Smart for Comfort?” Regulators Battle to Control a New Type of AI Threat

    April 16, 2026
    bybit
    Facebook X (Twitter) Instagram Pinterest
    © 2026 BriefChain.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.