Bitcoin rebounded from a swift drop to $112,380, but liquidation heatmap data suggests the worst of the selling has yet to pass. Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. Read more
Analysts say Bitcoin’s price action is looking increasingly orchestrated, as BTC taps its lowest levels since Aug. 3 amid ongoing US selling. Key points: Bitcoin heads back below $113,000 at the Wall Street open as bulls fail to clinch support. BTC price manipulation is one explanation for the downside, with exchange order-book bid liquidity in focus. Read more