ZKsync

Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.

Bitcoin has dropped 10% since its latest all-time highs — how much lower could BTC price action go before setting a local bottom?

Bitcoin is down 2.7% over the last 24 hours after running into resistance above the $111,000 level, among other drivers, including significant long liquidations.

Bitcoin is seeing increasing profit-taking, new research confirms, while Hyperliquid’s Wynn joined those liquidated during the latest 10% BTC price retreat.

The cryptocurrency market is down today due to renewed fears over stalled US-China trade talks, significant long liquidations, and a weak technical structure.

Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.

Buyers of BlackRock and Fidelity’s spot Ether ETFs are at an average unrealized loss of around 21%, says Glassnode.

Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally.