đ Bitcoin crashes to a 3-month low near $63,400 as the sell-off deepens
Bitcoin kept sliding through the weekend, falling about 7% after the U.S. stock market closed on Friday and touching a fresh three-month low of $63,400. BTC is now down 15.6% over the past week, while ether has lost 21.2%, and XRP and solana are both down 22%. Analyst James Check called it the "fourth capitulation event since the all-time high," with many sellers being buyers who chased BTC above $80,000 in September.
â Bitcoin is back at its range lows from earlier this year, a level Check calls a "deep value zone"; whether it holds will shape sentiment across the whole market in the days ahead.
#Bitcoin #BTC #CryptoMarket #ETH
Bitcoin kept sliding through the weekend, falling about 7% after the U.S. stock market closed on Friday and touching a fresh three-month low of $63,400. BTC is now down 15.6% over the past week, while ether has lost 21.2%, and XRP and solana are both down 22%. Analyst James Check called it the "fourth capitulation event since the all-time high," with many sellers being buyers who chased BTC above $80,000 in September.
â Bitcoin is back at its range lows from earlier this year, a level Check calls a "deep value zone"; whether it holds will shape sentiment across the whole market in the days ahead.
#Bitcoin #BTC #CryptoMarket #ETH
