Bitcoin’s loses $78k while the US markets sleeps – risk takes over from oil as crude prices stay flat
Bitcoin’s loses $78k while the US markets sleeps – risk takes over from oil as crude prices stay flatBitcoin’s pullback near $80K mirrors a risk-off move in equities, with oil and Fed expectations still framing the macro backdrop.
Good to see you this Thursday.Bitcoin tumbles below $78K in a risk-off overnight slide mirroring sleepy U.S. equities, even as spot demand battles short sellers eyeing a potential bull rally in 21 days—and New York regulators sharpen their knives with $3.4B fines on perpetual futures "casinos." Dive into the full stories below. The global crypto market cap is $2.61 trillion, with a 24-hour volume of $139.8 billion. The price of Bitcoin is $78,506.92, and BTC market dominance is 60.2%. The price of Ethereum is $2,332.03, and ETH market dominance is 10.8%. The best-performing sector is Sports, which gained 3%. The Crypto Fear & Greed Index is currently Fear (46). 📰 Top News
Bitcoin’s loses $78k while the US markets sleeps – risk takes over from oil as crude prices stay flatBitcoin’s pullback near $80K mirrors a risk-off move in equities, with oil and Fed expectations still framing the macro backdrop. Is Bitcoin 21 days away from a real bull market rally? Shorts pile in but spot demand is pushing backDerivatives traders are still betting against BTC even as spot ETFs pull in fresh capital, setting up either a short squeeze or one more leg lower. New York targets crypto with new $3.4B fines as perpetual futures turn prediction apps into nonstop leverage casinosPerps replace one off event contracts with always on leverage and margin calls, raising the stakes for regulators and users.
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