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FLASH NEWS:
The charts are a complete sea of red as BTC and ETH suffer a devastating technical breakdown! According to analysts at The Block, Ethereum is facing severe base-layer fee turbulence and structural weakness, pushing its price down over 23% from last month’s highs to hover dangerously near the $1,600 mark. Meanwhile, Bitcoin is aggressively testing the psychological $60,000 boundary. Will these key support levels hold up to trigger a weekend bounce, or are we staring down a much deeper drop? 😨🚨
ETH
1,614.02
-8.44%
BTC
61,719.99
-2.52%
#BitcoinSlipsAfterStrongUSJobsReport #JPMorganBofACitiPlanTokenizedDepositNetwork #BitcoinDropsBelow$60KWorstWeekSinceJuly2024