The Story
News Summary
- Bitcoin is under heavy selling pressure amid robust US labor data, which has increased expectations for restrictive Federal Reserve policy.
- Excessive market leverage and significant ETF outflows have fueled massive long liquidations, leaving the cryptocurrency struggling to maintain critical support near the $60,000 level.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
77096.45
+17.02% over the displayed period
Advisor Snapshot
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