- Bitcoin failed to maneuver above the $70,000 resistance.
- XRP is dealing with resistance across the $0.65 value degree and is down 13% in seven days.
- SHIB has crashed 80% from its all-time excessive and is awaiting a breakout.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, continues to wrestle to breach the $70,000 resistance degree regardless of a number of makes an attempt in current days. BTC is presently hovering round $67,584.44, having elevated by 0.77% over the previous 24 hours. Its market capitalization stands at $1.34 trillion.
Bitcoin fell 1.91% over the previous week, however has solely gained 2.49% over the previous 30 days. The main cryptocurrency is buying and selling simply 8.36% beneath its all-time excessive of $73,750, in accordance with knowledge from CoinMarketCap. Since October 2023, BTC has climbed 98.15%.
As proven within the chart beneath, Bitcoin has examined the $65,000 to $66,000 assist degree a number of instances in current days and is now encountering robust resistance at $70,000. Buying and selling quantity declined amid market uncertainty.
Additionally Learn: Bitcoin ETFs See $1 Billion Weekly Influx as Bitcoin Battles to Surpass $70,000 and Dominance Hits 59.75%
The Relative Power Index (RSI) signifies a price of 58.85, which signifies that…
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