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via Cointelegraph · By Cointelegraph Staff
Bitcoin Battles 'Collapsing' Bond Markets as Week Starts With Trip to $76,500
BTC
BTC/USDT
$63,120.00
+0.01%
$63,120.00
+0.01%
(24s)24h Volume
$2,858,549,001.86
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate
+0.0038%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:23 AM UTC)
1 min read
Bitcoin (BTC) starts a new week under pressure as support levels fade and macro gloom intensifies.
Key points:
- Bitcoin falls below a key 21-week trend line after the weekly close, but hopes of a “bear trap” rebound remain.
- US-Iran war rhetoric continues to push oil higher, pressuring crypto markets.
- Those tensions could still be countered by strong PMI and Nvidia earnings data in the coming days.
- Bitco…
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