Bitcoin

Both headline inflation readings undershot forecasts, but interest-rate markets still favored a December Fed hike.

Slower blocks triggered the year's third-largest difficulty cut, lifting expected revenue per unit of computing power as Bitcoin's price slide squeezed miners.

Ether's four-week loss reached 21.4%, while 42 of 44 tokens in a curated crypto watchlist were lower over 24 hours.

Net flows measure additions to funds minus withdrawals—not all share trading or changes in asset value. They cannot, by themselves, explain bitcoin’s price.

The current slide is shallower than a six-week slump in the first quarter. Sunday's close will determine whether the losing streak extends.

Bitcoin valuation gains drove an $85.5 million profit, while part of the loss-making options program provides downside protection tied to Kraken loan collateral.

The company pushed a 60 million USDT payment into 2027 and gained credit for protective derivatives, but collateral requirements still allow earlier liquidation.

Ether, XRP and SOL also hit four-week lows on Coinbase, while bullish bets accounted for most tracked liquidations.

Coinbase recorded a fresh 28-day low Thursday evening, while ether continued to underperform bitcoin over matched one- and four-week windows.

Coinbase recorded a $71,500 low, while Coinalyze's tracked derivatives markets showed $368 million in 24-hour liquidations, mostly bullish bets.