Bitcoin at 'Crucial' Support as US Bonds Pressure Crypto, Stocks and Gold

BTC

BTC/USDT

$63,578.00

-0.03%

$63,578.00

-0.03%

(24s)

24h Volume

$15,195,446,751.21

24h H/L

$64,394.44 / $62,829.81

Change: $1,564.63 (2.49%)

Long/Short

62.8%

Long: 62.8%Short: 37.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,589.99

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$67,546.65

Resistance 2$65,844.27

Resistance 1$64,206.80

Price$63,589.99

Support 1$63,565.04

Support 2$61,798.78

Support 3$59,130.91

Pivot (PP):$63,583.14

Trend:Downtrend

RSI (14):33.0

Cointelegraph Staff

(04:00 PM UTC)

1 min read

1300 views

Bitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens.

Key points:

Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields.
Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high.
Bitcoin is now at a "crucial level of support," the latest market analysis warns.