Bitcoin has a new key resistance zone to flip back to support as US Fed rate-cut reactions continue to play out in crypto bulls' favor

Drift
DRIFT$0.8104
$0.1509 (18.62%) 1d
This chart shows the price only in USD.
24h Price range
$0.6587$0.8978
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52w Price range
$0.213$2.99
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Latest Market News
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions.
by SK Arora
DOGE analysts highlighted the potential of a price surge to $1 and beyond, fueled by the launch of the first Dogecoin ETF in the United States.
by Nancy Lubale
Bitcoin struggled to hold the $115,000 level even after a Federal Reserve policy pivot brought about a long-awaited 25-basis point interest rate cut.
Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days.
The Bitcoin options market reflected caution, while top traders increased their bullish positions as optimism for a Federal Reserve rate cut grew.
A significant portion of the almost $12 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 100% gains over the past year.
by Nancy Lubale
Bitcoin is working on its second-best September performance ever as this bull market increasingly stands out from those before it.
DRIFT Key Metrics
Market Stats
Market Cap
$280.32M
Volume (24h)
$5.04M
Circulating Supply
345.88M DRIFT
Total Supply
1B DRIFT
YTD Return
-60.29%
Drift Price
Open Price (24h)$0.6595
High (24h)$0.8978
Low (24h)$0.6587
High (52w)$2.99
Low (52w)$0.2129
All-Time High
$2.99
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