🚨MORNING UPDATE🚨

📉 Bitcoin Nears $70K Amid Bearish Signals and Fed Speculation 🔥

⚡Bitcoin is signaling a full bear market as on-chain metrics reveal declining network activity, soft spot demand, and tightening liquidity, leaving prices stalled in the mid-$70,000 range. U.S. spot Bitcoin ETFs have shifted from net buying to net selling, while the Coinbase premium remains negative, highlighting a significant drop in U.S. demand that has traditionally fueled bullish runs


🌏Meanwhile, broader macro factors—like expectations of steady Federal Reserve policy and political pressure on interest rate decisions—are keeping liquidity tight, putting pressure on crypto and tech-focused risk assets throughout Asia #ADPDataDisappoints ADPWatch #TrumpEndsShutdown $BTC

BTC
BTCUSDT
66,240.9
-2.29%