A strong bear market sentiment has led to Bitcoin's price drop to $64,000, marking nearly half of its monthly gain lost, with other assets also experiencing losses.
Our analysis suggests that the price of Bitcoin has retreated to $64,000 after reaching a monthly high of $65,500 due to bearish market sentiment.
Block trading and a lack of liquidity in both directions are setting a concerning precedent in the cryptocurrency market, while other assets, including altcoins and tech stocks, are also experiencing losses.
The ongoing conflict in the Middle East appears to be the primary driving force behind the cryptocurrency market's decline, with Iran's actions against the US creating a climate of uncertainty and speculation that is reflected in cryptocurrency prices.
Notably, some altcoins are bucking the trend, with MORPHO rising 3.5% and aiming for a resistance level of $2.20. However, most altcoins are struggling, suggesting that the upward trend has reached its end.
BingX — Operá crypto con bajas comisiones
Ledger presentó Ledger Agent Stack, un toolkit que permite a los agentes AI interactuar con billeteras de cripto sin controlar las claves, pero requiriendo la aprobación humana para todas las transacciones sensibles
La empresa Keyrock logró expandir su negocio de cryptos institucionales adquiriendo los activos de trading y brokeraje de BlockFills. Esto le otorga una mayor presencia en el mercado y permitirá una ejecución mejorada para sus clientes institucionales.
Visa introduce plataforma para que instituciones financieras emitan, almacenen y transfieran Open USD, lo que enfrenta a Circle a una nueva competencia en el mercado de stablecoins.
