Bitcoin faces key support test at $78.3K as US crude oil hits three-month high

Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.
Key Takeaways
- Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close
Abraxas Capital has added 13,000 ETH worth about $32.39 million in the spot market, offsetting a 141,180 ETH short on Hyperliquid valued near $353.27 million. Abraxas’ Buy The purchase was brought to light earlier today, with the firm acquiring 13,000 ETH in…

Fed inflation trap threatens Bitcoin below $80k as $100 oil blindsides Friday’s CPI report
Brent touched $99.46 after reported Saudi energy disruptions, while Friday's CPI measures August prices. The post Fed inflation trap threatens Bitcoin below $80k as $100 oil blindsides Friday’s CPI report appeared first on CryptoSlate.
Intel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion
Intel stock rose on a reported 10% CPU price hike, lifting Washington's 9.9% stake to a $36 billion paper gain. The post Intel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion appeared first on BeInCrypto.