Ethereum Falls Below This Key Level Following PCE Data; Bitcoin SV Becomes Top Loser
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) and Ethereum (ETH) traded lower on Friday, with ETH falling below the key $1,800 mark. Core PCE prices in the US rose by 0.3% from the prior month in September. The global crypto market cap fell to $1.26 trillion, recording a 24-hour decline of 0.6%. BTC was trading lower by 0.5% at $34,161 while ETH fell by around 1.6% to $1,795. Neo (NEO) was the top gainer over the prior 24 hours, while Bitcoin SV (BSV) was the biggest loser.
October 27, 2023 | 1:33 pm
News sentiment analysis
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NEGATIVE IMPACT
Bitcoin SV was the biggest loser over the prior 24 hours.
The news directly mentions that Bitcoin SV was the biggest loser over the prior 24 hours, which could negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Bitcoin traded lower but remained above the $34,000 level.
The news directly mentions that Bitcoin traded lower, which could negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum fell below the key $1,800 mark.
The news directly mentions that Ethereum fell below the key $1,800 mark, which could negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Neo was the top gainer over the prior 24 hours.
The news directly mentions that Neo was the top gainer over the prior 24 hours, which could positively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100