Bitcoin Cash priceBCH

Bitcoin Retreats Sharply as Broader Crypto Market Weak Bitcoin’s weakness carried into the new week after the sharp sell-off over the weekend, with the price briefly sliding to just above $74,000 on Monday morning. The move marked Bitcoin’s lowest level in months and added to the pressure already weighing on the wider crypto market, where most altcoins also extended their losses. Only days earlier, $BTC had been trading near $90,000, testing a key resistance level. That attempt failed, and the mood shifted quickly. A pause in interest-rate cuts by the US Federal Reserve, along with rising tensions in the Middle East, dampened appetite for risk and set off a broader pullback. Selling accelerated on Thursday, dragging BTC down to around $81,000. A brief bounce followed on Friday, lifting prices toward $84,000, but the recovery didn’t last. By Saturday afternoon, sellers were firmly back in control, pushing Bitcoin below $76,000 for the first time since April last year. The drop triggered more than $2.5 billion in liquidations, wiping out heavily leveraged positions across the market. After a weak recovery attempt on Sunday, Bitcoin slipped again early Monday, touching roughly $74,400 and shedding more than $15,000 in value in just a few days. Bitcoin has since regained some ground and is now trading at $78,000, though volatility is expected to remain elevated. Its market capitalization stands near $1.55 trillion, while BTC dominance is holding slightly above 57.5%. Altcoins that fell Losses were even more pronounced among altcoins. $ETH fell sharply after trading above $3,000 last week, briefly dipping toward $2,100 earlier today. While ETH has recovered to around $2,300, it remains down about 5.5% on the day. Monero (XMR) was another notable underperformer, sliding toward $400. Major tokens including XRP, BNB, SOL, DOGE, ADA, BCH, LINK, and XLM also posted solid daily losses, reflecting the cautious tone across the market. Meanwhile, Pi Network’s token slipped to yet another all-time low. There were few bright spots. MYX jumped by 13.5%, while M added roughly 10%, standing out in an otherwise weak session. Overall, the sell-off has taken a heavy toll on the broader market. Total cryptocurrency market capitalization has fallen by about $300 billion since Saturday and is now down nearly $500 billion compared with last Wednesday, leaving the market valued at roughly $2.65 trillion. Conclusion The latest sell-off highlights how quickly sentiment can shift in the crypto market, especially when broader economic and geopolitical pressures are in play. While Bitcoin has managed a modest rebound from its recent lows, the sharp losses across major altcoins suggest that confidence remains fragile. For now, traders appear cautious, with the market likely to stay volatile until clearer signals emerge from both macro conditions and price action.

$BCH • Bounce from $456 • Resistance: $535–551 • Break above → $571 (20-EMA) #BCH #BitcoinCash #PredictionMarkets

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$BCH 🔊 Crypto Fear and Greed Index: 🧭 Index Value : 14 😱 Sentiment : Extreme Fear 🛑 💰 $BCH Price : $500