Overnight highlights: BTC fell below $75,000 on Sunday evening, with a 24-hour low of $73,477 on Coinbase, its lowest since August 21. It briefly fell below Strategy’s average cost basis of $75,451; about $856 million in positions were liquidated across the market over 24 hours (CoinGlass); spot Bitcoin ETFs saw net outflows of $1.28 billion last week, and BTC closed lower for a fifth consecutive week.
BTC $74,896, resistance reference $75,400, support references $74,388 / $73,477; ETH $2,130.57, resistance reference $2,243, support references $2,100 / $2,089.
On today’s watchlist: how U.S. stocks react to the weekend’s losses when markets open tonight; U.S. October CPI tomorrow at 21:30 (expected to rise about 0.3% month over month); PPI on Friday.
Prices are Coinbase spot prices, provided for reference only and not as investment advice.
BTC $74,896, resistance reference $75,400, support references $74,388 / $73,477; ETH $2,130.57, resistance reference $2,243, support references $2,100 / $2,089.
On today’s watchlist: how U.S. stocks react to the weekend’s losses when markets open tonight; U.S. October CPI tomorrow at 21:30 (expected to rise about 0.3% month over month); PPI on Friday.
Prices are Coinbase spot prices, provided for reference only and not as investment advice.