🚨 $BTC and $ETH are under pressure as the crypto sell-off deepens.
Bitcoin is trading at $68,716.07, down 3.72%, with the daily low at $68,644.57. Reclaiming $70K would be an initial sign of stabilisation, but BTC remains below its 200-day moving average at $73,117.55.
Ethereum is at $1,923.67, down 4.64% and barely above its $1,923.16 daily low. The $2,000 level is the immediate recovery hurdle, with ETH also below its 50-day and 200-day averages.
In market news, CoinDesk reports a stronger U.S. dollar and more than $1.3B in 24-hour crypto liquidations as the sell-off accelerated. For now, both coins still need to show sustained buying—not just a quick bounce.
#BTC #ETH #Bitcoin #Ethereum #CryptoAnalysis
Bitcoin is trading at $68,716.07, down 3.72%, with the daily low at $68,644.57. Reclaiming $70K would be an initial sign of stabilisation, but BTC remains below its 200-day moving average at $73,117.55.
Ethereum is at $1,923.67, down 4.64% and barely above its $1,923.16 daily low. The $2,000 level is the immediate recovery hurdle, with ETH also below its 50-day and 200-day averages.
In market news, CoinDesk reports a stronger U.S. dollar and more than $1.3B in 24-hour crypto liquidations as the sell-off accelerated. For now, both coins still need to show sustained buying—not just a quick bounce.
#BTC #ETH #Bitcoin #Ethereum #CryptoAnalysis