Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K
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Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.
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Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.
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Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.
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A drop in Solanaβs DApp revenue, along with limited institutional and retail investor interest, adds vulnerability to SOLβs $78 support.
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Ether adoption grows as major endowments shift capital, BlackRock launches a staking ETF and Ethereum's real-world asset dominance highlights TradFi investor interest.
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Bitcoinβs negative funding rate and a cooling tech sector in the US add pressure to markets and contribute to BTC failing to trade above $70,000.