#BitcoinUpdate 🪙

- BTC drops $1,000 in 1 hour, bottoms at $56,099 after US presidential debate.

- No new crypto policy commitments from Trump or Harris.

- QCP Capital: "Markets disappointed by lack of crypto policy commentary."

- August CPI expected to be 2.55%, market turns attention to unemployment data.

- Michaël van de Poppe: "BTC will be fine if it holds $55-56K, just a pre-CPI correction."

- Daan Crypto Trades: "BTC needs to break above SMA and 200 EMA to grow."

What do you think about this situation? Comment below! 💬

#Crypto#Blockchain#BTC#Finance#Tech#MarketTrends