Bitcoin experienced a sharp and sudden downturn today, breaching the critical psychological and technical support level of $67,000. The leading cryptocurrency shed over 6% in 24 hours, effectively reversing the speculative rally fueled by renewed institutional optimism and heightened political engagement with the sector. Analysts note that the aggressive pullback has liquidated hundreds of millions of dollars in highly leveraged long positions, primarily those initiated during the market euphoria following recent positive political rhetoric directed towards cryptocurrency. The crash comes amidst broader macroeconomic uncertainty, including cautious guidance from the Federal Reserve regarding interest rates and robust strength in the US dollar index. Profit-taking by large holders (whales) further amplified the downward pressure. The rapid depreciation signifies that all recent market momentum, particularly the gains accumulated since the speculative upswing tied to election-related market sentiment, has been completely wiped out. Altcoins mirrored Bitcoin’s descent, with Ethereum and Solana suffering even steeper losses. Market observers are now focused on the next major support zone near $65,000; a failure to hold this level could signal a deeper correction back toward the mid-$60,000 range.
Source: Bitcoin Crashes Below $67K, Erasing All Gains Since Trump’s Election Win
コメント