#BitcoinUpdate 🪙
- BTC drops to $66,569 ahead of Ethereum ETFs launch in US.
- BTC rally above $68,000 faces difficulties due to stronger USD.
- DXY Index increased 0.7%, which could cause volatility for BTC and other cryptocurrencies.
#PoliticalImpact🇺🇸
- Biden withdrew from the presidential race, the market fluctuated.
- Trump supports Bitcoin, Harris' stance is unclear.
- The market reacts to "bad news" from Biden and Trump.
#MarketTrends📉
- Many BTC long positions were liquidated, causing selling pressure.
- $7.16M BTC long positions liquidated in the last 12 hours.
- The flow of BTC moving into the exchange increased, selling pressure was high.
#CryptoCommunity📊
- Do you think BTC will overcome the $69,000 resistance level? Comment below!
#CryptoNews#BTC#Bitcoin#CryptoMarket