Ether is testing holder conviction with its price dip, with data showing continued selling by smaller holders and steady accumulation by larger investors.
Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market in tandem trading with tech stocks suggest traders will continue to cut exposure to risk assets.
Bitcoin price hit a 15-month low of $72,169, leading one analyst to say a revisit of BTC’s realized price near $56,000 may occur in a few months. Do charts hint at a rebound rally before the weekend?
Bitcoin fell to its lowest level since late 2024, breaking below its prior local low as traders turned their attention to $70,000 and lower support zones.