Bitcoin

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses.

Bitcoin (BTC) is down nearly 2% on Wednesday, trading below $76,000, and testing the 200-day Exponential Moving Average (EMA) baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar (DXY), which typically provides tailwinds for risk-sensitive assets.

Bitcoin (BTC) could remain trapped between $77,000 and $80,000 in the near term, with rallies toward $81,300 likely to face selling pressure as spot demand remains weak, according to crypto exchange Bitfinex.

Bitcoin (BTC) trades downward at $76,566 on Tuesday, testing six-week lows. The Crypto King's path of least resistance has remained largely sideways after the historic $6.3 billion Binance hack last week, with prevailing doldrums linked to reduced risk appetite and capital outflows.

Bitcoin (BTC) slips toward the key support zone around $76,455 on Tuesday, after falling nearly 2% the previous day. The largest cryptocurrency by market capitalization nears a make-or-break level, with a daily close below $76,455 suggesting a deeper breakdown.

Strategy (MSTR) has resumed accumulating Bitcoin (BTC) after a one-week pause, purchasing 811 BTC for approximately $65.5 million as the top crypto continues trading below $80,000.