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Analyst Flags ‘Structurally Fragile Setup’ Developing For BTC

Analyst Flags ‘Structurally Fragile Setup’ Developing For BTC

Leading cryptocurrencies fell sharply on Wednesday, while stocks rallied to record highs with no breakthrough in sight for a U.S.-Iran deal.

Cryptocurrency

24-Hour Gains +/-

Price (Recorded at 9:20 p.m. EDT)

Bitcoin (CRYPTO: BTC)

-2.03%

$74,176.96

Ethereum (CRYPTO: ETH)
               

-2.65%

$2,017.29

XRP (CRYPTO: XRP)                         

-2.03%

$1.30

Solana (CRYPTO: SOL)                         

-1.83%

$82.27

Dogecoin (CRYPTO: DOGE)             

-1.39%

$0.1000

Crypto Market Slides

Bitcoin tumbled, coming close to sinking below $74,000, while Ethereum battled bears to defend the key $2,000 support. Selling pressure…

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