Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

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.

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.

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.

A drop in Solanaβs DApp revenue, along with limited institutional and retail investor interest, adds vulnerability to SOLβs $78 support.