📌 Daily Summary
● LIVE TRACKINGInstitutional selling pressure on Bitcoin remains a significant concern, as on-chain data indicates that the 'Coinbase Premium' continues to exhibit weakness, raising questions about the timing of a potential bottom. Recent economic indicators, including the US non-farm payrolls and unemployment figures, have had a notable impact on Bitcoin's price, reflecting heightened volatility in response to macroeconomic trends. Analysts warn that Bitcoin's price could face a critical threat at the $60,000 mark, where a breakout may trigger a wave of selling activity. Additionally, both Bitcoin and altcoins continue to experience downward momentum, with increasing selling pressure prompting a reevaluation of key support levels. In a significant development, Binance has announced plans to delist multiple altcoin trading pairs, adding further uncertainty to the market landscape.
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…
09:25
The sharp declines in the cryptocurrency market in recent days have brought Bitcoin's critical support levels back into the spotlight.
