Bitcoin nowadays is trading under heavy pressure as the overall crypto market faces a strong pullback. BTC has recently dropped from its higher levels and is now moving in a downward trend because investors are shifting away from risky assets. The price is showing high volatility, meaning sudden up-and-down moves are happening frequently. One major reason for this decline is large sell-offs from big holders and reduced buying interest. Market sentiment is currently negative, so BTC is struggling to break above key resistance levels. Overall, Bitcoin is in a correction phase, where the price is cooling down after previous strong gains, and traders are waiting for clearer signals before taking new positions.
BTC
89,721.02
-2.37%