🤡WEEKLY MARKET PULSE (MARKET SENTIMENT TODAY) AT THIS HOUR🤡
🐻Seventy-four minutes before the weekly candle closes, $BTC sits near $63,880 after cracking $64,000
😵That break hurt. About $691M in positions got liquidated in a single hour, and 97% of it was longs (TokenPost data). The day's low printed at $63,408. On the week, bitcoin is down roughly 14% from about $75,750 on Nov 7.
👀The rest of the board:
• $ETH ~$1,829 (−5.8%), low $1,813
• SOL ~$69.9 (−11.1%), under $70
• $XRP ~$0.90 (−10.7%)
🚂Why the pressure keeps coming: the US 10-year yield closed at 5.15%, the dollar index sits at a 19-month high, and markets now fully price a quarter-point Fed hike at the Dec 8–9 meeting.
🔥One quieter number: mining difficulty just dropped 9.13%, the largest cut since June. Miners get some relief, though it doesn't move price on its own.
💥Into the close, $64K is the line. A weekly candle back above it would leave a long wick. A close below sets up $62K as the next level traders watch.
🤷Does BTC close the week above or below $64K? 👇
#BTC #CryptoNews #Write2Earn #Fed #MarketSentimentToday
Educational content, not financial advice. DYOR.
🐻Seventy-four minutes before the weekly candle closes, $BTC sits near $63,880 after cracking $64,000
😵That break hurt. About $691M in positions got liquidated in a single hour, and 97% of it was longs (TokenPost data). The day's low printed at $63,408. On the week, bitcoin is down roughly 14% from about $75,750 on Nov 7.
👀The rest of the board:
• $ETH ~$1,829 (−5.8%), low $1,813
• SOL ~$69.9 (−11.1%), under $70
• $XRP ~$0.90 (−10.7%)
🚂Why the pressure keeps coming: the US 10-year yield closed at 5.15%, the dollar index sits at a 19-month high, and markets now fully price a quarter-point Fed hike at the Dec 8–9 meeting.
🔥One quieter number: mining difficulty just dropped 9.13%, the largest cut since June. Miners get some relief, though it doesn't move price on its own.
💥Into the close, $64K is the line. A weekly candle back above it would leave a long wick. A close below sets up $62K as the next level traders watch.
🤷Does BTC close the week above or below $64K? 👇
#BTC #CryptoNews #Write2Earn #Fed #MarketSentimentToday
Educational content, not financial advice. DYOR.
