Bitcoin (BTC) price retreat deepens after repeated rejection at $80,000: Crypto Markets Today
CoinDesk
Bitcoin and ether prices declined as investors grew cautious following repeated failures to break the $80,000 resistance level.Summary
Bitcoin and ether saw a 0.75% decline as Bitcoin struggled to surpass the $80,000 resistance level, leading to cooling market activity and reduced risk appetite. Data indicates a negative Coinbase premium, suggesting waning U.S. demand, while derivative markets show lower open interest and increased hedging. Despite broader market weakness, some altcoins like apecoin experienced gains, though overall volatility remains low amid geopolitical tensions and macroeconomic pressures.
(Source：CoinDesk)