Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go?
Bitcoin (BTC) is down sharply on Wednesday, with analysts citing a massive sell order on the world’s largest crypto exchange Binance and hotter-than-expected UK inflation data as weighing on the price action. BTC/USD was...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC/USD was last changing hands almost bang on the $29,000 level, nursing losses of around 4.5% on the day, putting the cryptocurrency on course for its worst one-day performance since the 9th of March....
Read More: Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go?
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Why Is XRP Down Today? Bears Target $1.30 Support as Selling Pressure Builds
The downturn has weakened XRP’s short-term technical structure, leaving traders focused on whether buyers can defend nearby suppor...
Bitcoin Price Prediction: Can BTC Rebound After a Brutal Sell-off?
Bitcoin is trading at $81,100, down 2.5% over 24 hours. The larger move has been rougher as it briefly slid toward $80,000 as soon...
Bitcoin Sinks to $80,500 After a Rising U.S. Inflation Print and a Kospi Circuit Breaker
Bitcoin fell below $81,000 during Asian trading on Thursday, touching about $80,500 around 06:00 UTC before steadying near $81,200...
Why Is Crypto Down? Hotter CPI Fuels Fears of Delayed Fed Rate Cuts
Why is crypto down? Bitcoin fell by 4% over 24 hours, while Ethereum lost about 6.5% as hotter U.S. inflation and a technology sel...
Ethereum Price Prediction: ETH Outpaces the Market as Crypto Rebounds
Ethereum is outperforming the crypto market, rising by almost 3% over the past 24 hours to just a notch under $2,500 as digital as...
Charles Edwards: Why Quantum Risk Could Be MASSIVE BTC Upside Catalyst
Bitcoin Magazine Charles Edwards: Why Quantum Risk Could Be MASSIVE BTC Upside Catalyst What will it take for Bitcoin to break to...