Bitcoin Seen as Directionless Without Fresh Catalyst

Dow Jones

08/13

1416 ET - Bitcoin is down 0.5% to $63,403, with prices seen rangebound without anything to juice buyer interest or seller activity. "Sellers are tiring and buyers are absent," says analysts with Glassnode in a note. The firm says the median realized price for bitcoin is sitting at $63k, while short-term holder cost basis is at $68.7k--with bitcoin rangebound between those levels. The July CPI report did little to move bitcoin, says Glassnode. "A weak response to good news is itself a warning," says the firm. Ethereum is up 0.4% to $1,888, XRP falls 0.7% to $1.01, and solana is essentially flat at $75.98.

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The firm says the median realized price for bitcoin is sitting at $63k, while short-term holder cost basis is at $68.7k--with bitcoin rangebound between those levels. The July CPI report did little to move bitcoin, says Glassnode. \"A weak response to good news is itself a warning,\" says the firm. Ethereum is up 0.4% to $1,888, XRP falls 0.7% to $1.01, and solana is essentially flat at $75.98.</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QETH","symbol_name":"以太坊ETF-Invesco Galaxy","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2659794904","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2659794904","pubTimestamp":1786558620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1416 ET - Bitcoin is down 0.5% to $63,403, with prices seen rangebound without anything to juice buyer interest or seller activity. \"Sellers are tiring and buyers are absent,\" says analysts with Glassnode in a note. 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