📌 Daily Summary
● LIVE TRACKINGBitcoin's continued decline has raised questions about whether the market has reached a bottom, driven by significant selling pressure from institutional investors and unfavorable on-chain data, particularly the 'Coinbase Premium.' Recent economic indicators, notably the US Non-Farm Payrolls and unemployment data, have further influenced market sentiment, contributing to Bitcoin's bearish momentum. Analysts suggest that if Bitcoin fails to hold above critical support levels, a drop towards $60,000 could trigger a cascading effect of sales across the market. As both Bitcoin and altcoins suffer from escalating selling pressure, market participants remain vigilant, monitoring key indicators for potential signs of stabilization.
14:45
The cryptocurrency market started June with a very sharp correction. Bitcoin (BTC), which had been trying to hold…
13:31
In the cryptocurrency markets, attention has long been focused on the main reason for the price pressure. While…
12:35
The US non-farm payrolls data, eagerly awaited by the cryptocurrency market, has been released. According to the released…
12:09
The recent sharp drop in Bitcoin has brought the $60,000 level back to the forefront of market attention.…
10:41
The cryptocurrency market started the last trading day of the week with a sell-off. The sharp pullback in…
