$BTC Bitcoin Drops to $65,000: Temporary Correction or Sign of Increased Selling Pressure?
Today, Bitcoin (BTC) has fallen 4% in the last 24 hours, hovering around $65,000, as the market reacts to:
- Outflows from US ETFs (GBTC leads the outflows).
- Concerns about miner selling after the halving.
- Strengthening of the dollar (DXY) amid Fed expectations.
Altcoins in the Red, But with Exceptions
- Ethereum $ETH falls 5%, trading at $3,450.
- Solana $SOL is holding up better (-2%), at $145.
- Toncoin (Ton), the Telegram cryptocurrency, is up 8% after new integration announcements.
What to Expect?
Some analysts see this as a buying opportunity, while others warn that there could be more volatility before a potential rebound.
š Will the correction continue or will the rally soon return? Share your opinion!