Bitcoin crash forewarned by analysts citing sustained negative growth territory
Macro landscape holding Bitcoin in a consolidation range for over 90 days raised risks of the deeper correction.
Happy Tuesday!
Bitcoin's recent plunge below $90,000 has sent shockwaves through the crypto market, with analysts warning of deeper corrections amid a backdrop of macroeconomic uncertainty. The fallout from former President Trump's tariff plans has exacerbated the situation, leading to significant declines across digital assets, particularly altcoins. As Bitcoin's short-term holder realized price becomes a focal point for support, the market grapples with volatility and investor sentiment remains shaky. Will this be a moment for recovery or further decline? Stay tuned as we delve into today's top headlines.
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The global crypto market cap is $2.85 trillion, with a 24-hour volume of $206.3 billion. The price of Bitcoin is $86,786.84, and BTC market dominance is 60.3%. The price of Ethereum is $2,403.82, and ETH market dominance is 10.1%. The best-performing sector is Adult, which gained 8%. The Crypto Fear & Greed Index is currently Extreme Fear (25).
📰 Top News
Bitcoin crash forewarned by analysts citing sustained negative growth territory
Macro landscape holding Bitcoin in a consolidation range for over 90 days raised risks of the deeper correction.
Trump tariffs trigger Bitcoin nosedive below $91k as altcoins crater
Trump's tariff plans send shockwaves through crypto markets, sparking steep declines in digital asset values.
Bitcoin’s short-term holder realized price remains a critical support amid market volatility
The cost basis set by short-term holders has historically acted as the strongest support for Bitcoin's price.
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📈 Latest Insights
Bitcoin plunges to three-month low as market volatility triggers $1.3 billion in liquidations
Bitcoin Fear & Greed Index hits Extreme Fear mirroring $48k dip in 2024 before all-time high
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