After a week of bullish optimism around Bitcoin, the Cryptocurrency has experienced a new shock amid geopolitical tensions. BTC dips to $ 64,000 on the last day of the month, down 6% in 24 hours. The asset has hit its lowest since February, near $63000. Altcons also react bearishly to this. This reaction came suddenly after …
After a week of bullish optimism around Bitcoin, the Cryptocurrency has experienced a new shock amid geopolitical tensions. BTC dips to $ 64,000 on the last day of the month, down 6% in 24 hours. The asset has hit its lowest since February, near $63000. Altcons also react bearishly to this.
This reaction came suddenly after the Israel-US joint strikes on Iran. The Wall Street Journal reported the declaration of an immediate state of emergency by Israeli Defense Minister Israel Katz, and a claim by US officials about their participation.
Bitcoin never closed 2 months red before
Crypto Markers Bleeds,
Just a few minutes of the News, a whopping $100 million long crypto positions were closed. An estimate of $136.98 million total liquidation in an hour.
Major altcoins like Ethereum(ETH) feel over 7% below $1900, BNB falls 5% to $595, XRP lost to $1.2 for 8%, Solana dips 9.8% to $78, Doge coin dropped to $0.08944 ( 10%), Cardano ( ADA) to $0.2650 to 8.72%, all losing their key support levels.
The BTC/USDT analysis shows a change of character (CHoCh) after registering the second hourly red candle. Changing the momentum to Bearsish.
As seen, there is a selling zone in $65,857 to $66,336 that will retract and then continue the bullish walk respecting the second bearish candle. $60K can be seen after successful retracement.
If fundamental momentum shifts, the selling zone will turn int Demand zone for further liquidity injection. Critical watch for Bitcoin.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
A solo miner with around 70 TH/s of hashpower has mined Bitcoin block 944306 through…
A crypto pioneer recently put two very different networks to the test: Pi Network and…
Story Highlights The live price of CAKE token is . Price predictions for 2026 range…
Story Highlights The live price of the Jasmy token is . If the descending structure…
Most people who throw out a $1,000 XRP price target do it anonymously on social…
USDC issuer Circle has seen its stock (NYSE: CRCL) tumble by 9.89% over the past…
