Bitcoin and Ethereum Face Selling Pressure
The crypto market is feeling the heat as Bitcoin (BTC) a pioneer cryptocurrency is under increased selling pressure as shifts and due to microeconomic data & shifting sentiment continue to push back the upward momentum. Over the last 24 hours, Bitcoin dropped by nearly 7% after reaching a three-week high. Ethereum followed closely, experiencing a nearly 10% drop.
Bitcoin Faces Strong Selling Pressure
Binance, the largest crypto trading platform by volume, showed a sharp rise in Bitcoin selling. According to Cryptoquant on-chain analyst Darkfost Binance’s hourly Net Taker Volume, a key indicator of market sentiment, turned significantly negative, hitting $325 million, the highest recorded in 2025.
This drop happened after disappointing…
