NsmBtc

Bitcoin’s recent bounce faded on Monday as weakness in U.S. stock markets — led by software stocks and private equity firms — exerted downward pressure on risk assets including major cryptocurrencies. The world’s largest digital asset struggled to maintain gains, reflecting growing correlations between traditional markets and crypto. �
After climbing modestly over the weekend, Bitcoin (BTC) slid sharply during early Asia trading hours, dipping to around $64,270 before a partial recovery lifted the price back toward the $66,000 level. That volatility came on the back of broader stock weakness, particularly in software and private capital sectors that have been under pressure from renewed risk-off sentiment. �
Market indicators show Bitcoin moving in near lock-step with broader equity benchmarks, especially sectors tied to technology. A key software ETF continued its decline, extending losses and deepening risk aversion among traders and institutional investors alike. This synchronised sell-off helped dampen appetite for high-beta assets such as digital currencies. �
The rout in equities also weighed on crypto-related stocks and products, reinforcing Bitcoin’s evolving identity as a risk asset sensitive to shifts in global liquidity and investor confidence. Despite the price rebound later in the session, thin liquidity conditions meant that even modest flows in equities could trigger outsized moves in BTC markets. �
Looking Ahead
Analysts warn that until broader market sentiment stabilises, Bitcoin and other cryptocurrencies are likely to remain vulnerable to external macroeconomic and financial pressures. Investors will be watching equity sectors closely — especially software and private capital groups — for signs of a bottom or renewed selling momentum.
#Bitcoin #BTC #Cryptocurrency #CryptoMarket #PrivateEquity #MarketVolatility

Bitcoin miners have withdrawn over 36,000 BTC from exchanges since the start of February, according to on-chain flow data reported by CryptoPotato. This substantial movement reflects miners transferring BTC into cold storage wallets, a behavior often associated with reduced near-term selling pressure and increased confidence in future price appreciation. �
🚚 What’s Happening:
• More than 12,000 BTC was moved off Binance, with the rest spread across several other exchanges. �
• Such withdrawals lower the amount of BTC available on exchange order books, which can tighten spot supply. �
• Daily outflows even hit a high of 6,000+ BTC in one day — the most since late last year. �
📊 Market Implications:
Miners moving coins to cold wallets is typically interpreted as a bullish signal since it suggests a preference to hold rather than sell in the near term. However, this doesn’t guarantee price growth — miners could still sell later if market conditions worsen — but the current dynamic does suggest reduced selling pressure on spot markets. �
👉 Bottom line: Miner outflows have become a noteworthy trend that may tighten supply and support BTC sentiment, even if prices remain influenced by broader macro and market factors. �
#Bitcoin #BTC #Crypto #CryptoNews #OnChain #Bitcoin #BTC #Crypto #CryptoNews #OnChain #BitcoinMiners