Market Overview & Key Developments
Bitcoin (BTC)
Current price: ~$113,900, down ~$1,000 intraday (~0.9% decline).
BTC is trading below $116,000 resistance and holding around $113,000, which aligns with its 50-day EMA support level (~$113,058) BeInCrypto+15FXStreet+15marketwatch.com+15.
Technical indicators show downside momentum: RSI around ~44 and a bearish MACD crossover from late July remains intact FXStreet.
Important upcoming macro risks, including potential stagflation and U.S. Fed policy decisions, are keeping markets cautious The Economic Time