BTC TODAY

Bitcoin is trading around **$74,500**, down roughly 2% over the past 24 hours. The market is facing short-term bearish pressure, breaking below the key $75,000 support level. This movement triggered nearly $45 million in rapid liquidations for long positions.

The dip is heavily tied to institutional activity. BlackRock’s spot Bitcoin ETF (IBIT) recently saw a massive single-session share sale of $1.29 billion, which shook short-term investor confidence. Additionally, macro factors like sticky inflation and broader capital rotation into AI stocks are slowing down momentum.

Despite the immediate slide from recent local highs near $77,000, long-term indicators remain stable, keeping major support zones intact between $70,000 and $73,000.

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BTC
BTCUSDT
73,532.2
+0.86%

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