The Bitcoin-Kurs Dollar has shown a strong rebound this week, signaling that the world’s largest cryptocurrency is regaining momentum after a weak start to August. Following recent market pressure, BTC has climbed about 4% over the past week, pushing back above the $118,000 level. Notably, other major cryptocurrencies such as Ethereum, Solana, and Ripple also posted double-digit gains, adding to the positive sentiment in the market.
Why the Bitcoin Kurs Dollar Is Rising
The main driver of this rebound is positive momentum from the US stock market. The Nasdaq100 tech index reached fresh all-time highs, boosting investor confidence and spilling over into the crypto sector. At the same time, traders are watching a series of important US economic reports this week that could directly influence the bitcoin kurs dollar.
These include the latest Consumer Price Index (CPI) and Producer Price Index (PPI) readings. Both metrics provide crucial clues about inflation trends and could shape the US Federal Reserve’s decision-making at its upcoming September meeting. Lower-than-expected inflation would raise the chances of a rate cut – a scenario generally viewed as bullish for Bitcoin and other cryptocurrencies.
Retail Sales as an Economic Indicator
In addition to inflation data, US retail sales figures are also in focus. These numbers are considered a key barometer for the health of the US economy. Strong retail sales indicate robust consumer demand, which could pressure the Fed to keep interest rates steady. For the bitcoin-kurs dollar, the impact could be mixed: while a strong economy often supports risk assets, higher interest rates could divert capital away from crypto.
Global Market Sentiment Supports Crypto
The recent rally in the bitcoin kurs dollar also reflects an overall positive market sentiment. Alongside the US economic outlook, easing geopolitical tensions and stabilizing energy prices have helped reduce market uncertainty.
Analysts are also noting a renewed interest from institutional investors, with crypto funds seeing fresh inflows in recent days. This suggests that large market players may have viewed the recent price dip as a buying opportunity.
Technical Analysis: Key Levels to Watch
From a technical standpoint, reclaiming the $118,000 level is an important signal for the bitcoin kurs dollar. Analysts identify the next major resistance zone between $122,500 and $125,000. A breakout above this range could pave the way for new yearly highs. On the downside, the $115,000 area remains a crucial support level — a drop below could quickly halt the recovery momentum.
Outlook: Data-Driven Volatility Ahead
Over the coming days, the bitcoin kurs dollar is expected to react strongly to the release of US CPI and PPI data. Lower-than-expected inflation readings could push BTC toward the resistance range, while higher-than-expected figures might trigger another correction.
Market watchers advise traders to keep a close eye on incoming economic data and Federal Reserve commentary. In a data-dependent policy environment, even a single surprising number can shift expectations — and the bitcoin-kurs dollar — within hours.
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