BNB$755.05-0.04%BRENT$99.58+1.69%BTC$79,578+0.42%COPPER$6.69-0.67%DJI$52,786-1.18%DOGE$0.0912+0.56%DXY98.71-0.08%ETH$2,517+0.33%GOLD$4,403+1.09%NDX$29,508-0.12%SILVER$66.64+1.34%SOL$104.77-0.03%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.70-0.13%BNB$755.05-0.04%BRENT$99.58+1.69%BTC$79,578+0.42%COPPER$6.69-0.67%DJI$52,786-1.18%DOGE$0.0912+0.56%DXY98.71-0.08%ETH$2,517+0.33%GOLD$4,403+1.09%NDX$29,508-0.12%SILVER$66.64+1.34%SOL$104.77-0.03%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.70-0.13%
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Bitcoin Faces Resistance as 1.79 Million BTC Limits Gains

Key takeaways

  • Bitcoin struggles to surpass $65,000 due to a significant wall of 1.79 million BTC, despite traders betting on a rise toward $70,000 amid soft inflation data.

Analysis

Bitcoin struggles to surpass $65,000 due to a significant wall of 1.79 million BTC, despite traders betting on a rise toward $70,000 amid soft inflation data.

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