Bitcoin remains under pressure near $68,000 even as panic ebbs
8 Articles
8 Articles
Crypto Prices Today: Bitcoin Slips Below $68,000, Ethereum Tests $1,950
The total cryptocurrency market capitalization stands at $2.33 trillion, marking a 0.73% decline over the last 24 hours. The broader market is facing selling pressure after a slight rebound above $70,000. Price action suggests cautious positioning as traders reassess risk exposure.While volatility has cooled slightly compared to earlier sessions, derivatives data indicate defensive leverage adjustments, signaling that participants are reducing a…
Bitcoin Faces Selling Pressure While Golden Cross Signals Possible Recovery
Bitcoin (BTC) is showing signs of weakness as bearish momentum takes over the market, putting short-term pressure on its price. The asset is under close watch by investors as technical indicators indicate potential volatility in the coming days. At the time of writing, Bitcoin is trading at $67,509, with a 24-hour trading volume of $42.99 billion and a market capitalization of $1.35 trillion, according to CoinMarketCap. Over the last 24 hours, B…
The implicit volatility of Bitcoin falls to 52% after a peak close to 100%, but the price remains blocked under $68,000 without a real upswing. Derivatives show an unconvincing stabilization, with neutral funding rates and $677.98 million of net ETF spot outflows since the beginning of the month. The slowdown in inflation and the drop in real yields to 1.8% support the hope of a rebound, but the market is still waiting for a decisive macro catal…
Crypto Traders Face Uncertainty as Bitcoin Struggles at $68,
Bitcoin is struggling to stay above its key $68,000 level this week. On-Chain Mind points to extreme fear as a strong buying indicator. Continue Reading:Crypto Traders Face Uncertainty as Bitcoin Struggles at $68,000 The post Crypto Traders Face Uncertainty as Bitcoin Struggles at $68,000 appeared f...
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