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Crypto Daybook Americas
Bitcoin's Ascent Halted as Economic Indicators Signal Caution
After reaching above $79,000, Bitcoin has retreated to $76,500, pausing its rally from the late-March lows below $65,000. However, recent economic data suggests that a rapid rebound may not be imminent. The University of Michigan's Survey of Consumers showed a decline in consumer sentiment to a record low of 49.8, mainly due to inflation concerns related to the Iran conflict. Furthermore, inflati…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin's Rally Faces Hurdles as Economic Data Points to Caution
After reaching above $79,000 earlier in the week, Bitcoin has retreated to around $76,500, stalling its march upward from late March's lows below $65,000. Those anticipating a quick rebound should note that recent economic indicators do not support a significant bullish surge. The University of Michigan's consumer sentiment index dropped to a record low of 49.8, driven largely by inflation concer…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin Bulls Face Hurdles in Quest to Surpass $80,000
After reaching highs above $79,000, Bitcoin has retreated to $76,500, putting the brakes on its rally from the late-March lows of under $65,000. However, recent economic indicators suggest that a swift rebound may not be on the horizon. The University of Michigan's Survey of Consumers revealed a significant decline in consumer sentiment to an all-time low of 49.8, primarily driven by inflationary…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin Rally Faces Hurdles as Economic Indicators Signal Caution
After reaching above $79,000 earlier in the week, Bitcoin has pulled back to around $76,500, stalling its rally from the lows below $65,000 in late March. However, recent economic data suggests that a swift return to form may be unlikely. The University of Michigan's consumer sentiment index has fallen to a record low of 49.8, driven by inflation concerns related to the Iran conflict. Inflation e…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin Bulls Face Resistance as Macro Factors Weigh on Price
After reaching highs above $79,000, Bitcoin has retreated to $76,500, stalling its rally from late March lows below $65,000. Recent economic data suggests that a swift resurgence may be unlikely. The University of Michigan's consumer sentiment index has fallen to a record low of 49.8, driven by inflation concerns related to the Iran conflict. Inflation expectations have also increased, with the o…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin's Rally Faces Hurdles as Economic Indicators Signal Caution
After reaching highs above $79,000, Bitcoin has retreated to around $76,500, stalling its recovery from late March's lows below $65,000. Those anticipating a rapid resurgence should note that recent economic data does not support a significant bullish movement. The University of Michigan's consumer sentiment index has fallen to a record low of 49.8, largely due to inflation concerns related to th…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin Bulls Face Resistance as Economic Indicators Signal Caution
After reaching above $79,000, Bitcoin pulled back to $76,500, stalling its rally from late-March lows. Recent economic releases do not support a significant bullish move, with the University of Michigan's consumer sentiment index falling to 49.8, driven by inflationary pressures. Inflation expectations have also risen, which could limit the Federal Reserve's ability to signal interest-rate cuts, …
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin's Ascent Halted as Economic Indicators Signal Caution
Following a brief surge above $79,000, Bitcoin has retreated to around $76,500, pausing its upward momentum from the late-March lows of under $65,000. Those anticipating a rapid resurgence should note that recent economic data does not support a significant bullish move. The University of Michigan's Survey of Consumers revealed a record-low consumer sentiment index of 49.8, largely driven by infl…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin's Ascent to $80,000 Faces Hurdles as Economic Indicators Signal Caution
Following a brief surge above $79,000, Bitcoin's price has retreated to around $76,500, stalling its rally from the late-March lows of below $65,000. Recent economic data suggests that a rapid return to form may be unlikely. The University of Michigan's Consumer Sentiment Index has dropped to a record low of 49.8, driven largely by inflation concerns related to the Iran conflict. Inflation expect…
April 28, 2026, 11:17 a.m.
Crypto Daybook Americas
Bitcoin Bulls Face Hurdles in Quest to Surpass $80,000
After reaching above $79,000 earlier in the week, Bitcoin has pulled back to $76,500 from $75,763.45, halting its rally from late March's lows below $65,000. However, recent economic data suggests that a rapid return to form may not be on the horizon. The University of Michigan's Survey of Consumers revealed a record-low consumer sentiment index of 49.8, driven largely by inflation concerns relat…
April 28, 2026, 11:17 a.m.