Crypto Market Check: BTC Holds the $77K Zone as Midterm Results Come In
$BTC was trading around $77,600 as of 06:35 UTC. Over the last 24 hours it ranged from about $75,700 to $78,000, with the low coming as U.S. midterm votes were counted.
• $BTC: ~$77.6K (24H range: $75.7K–$78.0K; 7D: about −3.9%)
• $ETH: ~$2,259 (24H: +0.2% as of 04:00 UTC)
• Total market cap: $2.66T (24H: −0.6%); BTC dominance 57.8%
• Fear & Greed: 34 (Fear), up from 26 yesterday. A week ago it read 51, and a month ago 70.
Why it matters now: BTC is still roughly 10% below its October high near $86K, and spot ETFs saw outflows again. Momentum is weak (RSI near 40). Funding on Binance is at a two-month high, so a lot of leverage is building near support.
What to watch: support at $75.5K–$76.5K and resistance at $78K, $79K and $80K.
Intraday change for $BNB and $SOL could not be verified from reliable sources this morning, so it is left out.
#Bitcoin #CryptoMarket #BTC #ETH #MarketUpdate
Not financial advice. DYOR.
$BTC was trading around $77,600 as of 06:35 UTC. Over the last 24 hours it ranged from about $75,700 to $78,000, with the low coming as U.S. midterm votes were counted.
• $BTC: ~$77.6K (24H range: $75.7K–$78.0K; 7D: about −3.9%)
• $ETH: ~$2,259 (24H: +0.2% as of 04:00 UTC)
• Total market cap: $2.66T (24H: −0.6%); BTC dominance 57.8%
• Fear & Greed: 34 (Fear), up from 26 yesterday. A week ago it read 51, and a month ago 70.
Why it matters now: BTC is still roughly 10% below its October high near $86K, and spot ETFs saw outflows again. Momentum is weak (RSI near 40). Funding on Binance is at a two-month high, so a lot of leverage is building near support.
What to watch: support at $75.5K–$76.5K and resistance at $78K, $79K and $80K.
Intraday change for $BNB and $SOL could not be verified from reliable sources this morning, so it is left out.
#Bitcoin #CryptoMarket #BTC #ETH #MarketUpdate
Not financial advice. DYOR.