🟡 Bitcoin Price Steadies Near $78,000 After Sharp Sell‑Off
Bitcoin has stabilized around $78,000 after a brutal weekend sell‑off, with traders now watching Fed policy shifts, U.S. dollar moves, and crypto regulation talks to gauge whether BTC can reclaim the $80,000 level.
Key Facts:
• After dipping below $75,000 — its lowest since April 2025 — Bitcoin rebounded and steadied near $78,000.
• The sell‑off was partly triggered by concerns over the nomination of Kevin Warsh as Fed chair and a stronger U.S. dollar — increasing the opportunity cost of holding non‑dollar assets like BTC.
• Crypto regulation talks between the U.S. administration and industry leaders helped lift sentiment slightly.
• Technical support around $75,000–$75,500 is holding, with resistance near $79,500–$80,000 the next key test for Bitcoin.
Expert Insight:
Bitcoin’s resilience above key support amid macroheadwinds suggests buyers are defending lower levels, but broader sentiment remains cautious until BTC convincingly breaks past $80,000 resistance.
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