BTC and ETH remain stuck in a two-month range as oil prices and Iran tensions weigh on sentiment, while AI and privacy tokens show surprising relative strength.
Bitcoin price-drop speculation spurred by familiar price pattern
BTC and ETH remain stuck in a two-month range as oil prices and Iran tensions weigh on sentiment, while AI and privacy tokens show surprising relative strength.
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Mark Newton sees ether dips toward $4,375 as buying opportunities before a rally, while recent trading shows heavy selling, sharp rebounds, and a key support test.
Bitcoin slid to its $110,000 support as the broader crypto market shed $80 billion following the Federal Reserve’s interest-rate cut and a new U.S.-China trade agreement.
The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower.
Bitcoin holds a tight range as altcoins rally on low liquidity, but derivatives data and options skew suggest traders are bracing for downside.