BITCOIN Under Pressure! $77K Support, Oil Above $100 & U.S. Inflation Data
Bitcoin is trading in the $77,000 to $78,000 range today as caution spreads across the broader crypto market. With Ethereum falling and overall market volatility on the rise, digital assets are facing renewed downward pressure.
Macroeconomic factors are driving the market strain. Oil prices climbing above $100 per barrel combined with elevated bond yields are raising global inflation fears, putting heavy pressure on risk assets like Bitcoin
#Crypto