😱Bitcoin trades near $77,900 to $79,700, stalling just below the $80,000 threshold after recent overbought warning signs and market pullbacks.
🚨Market Prices and Overview
👉🏼Bitcoin (BTC): Trades around $77,901, down about 3.1% over 24 hours.
👉🏼Ethereum (ETH): Hovering near $2,444, also lower by 3.1% on the day.
👉🏼XRP: Sits at $1.39, down 5% amid derivative long positions getting flushed out.
👉🏼Solana (SOL): Priced near $104.81, showing relative resilience despite minor daily pullbacks.
😳✍🏼Key Market Drivers
🔥Macro Pressure: Comments from Federal Reserve officials and rate-hike expectations sparked a brief liquidation cascade across crypto derivatives.
🔥ETF Inflows: Spot Bitcoin ETFs have seen massive consecutive sessions of inflows, providing strong institutional backing despite short-term price chop.
🔥Platform Expansion: Wall Street traditional broker Charles Schwab is expanding its crypto offerings to include assets like Solana, Avalanche, and Chainlink.
#marketanalysiswithnehatahir
$BTC
$SOL
$BNB
🚨Market Prices and Overview
👉🏼Bitcoin (BTC): Trades around $77,901, down about 3.1% over 24 hours.
👉🏼Ethereum (ETH): Hovering near $2,444, also lower by 3.1% on the day.
👉🏼XRP: Sits at $1.39, down 5% amid derivative long positions getting flushed out.
👉🏼Solana (SOL): Priced near $104.81, showing relative resilience despite minor daily pullbacks.
😳✍🏼Key Market Drivers
🔥Macro Pressure: Comments from Federal Reserve officials and rate-hike expectations sparked a brief liquidation cascade across crypto derivatives.
🔥ETF Inflows: Spot Bitcoin ETFs have seen massive consecutive sessions of inflows, providing strong institutional backing despite short-term price chop.
🔥Platform Expansion: Wall Street traditional broker Charles Schwab is expanding its crypto offerings to include assets like Solana, Avalanche, and Chainlink.
#marketanalysiswithnehatahir
$BTC
$SOL
$BNB
