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via Cointelegraph · By Cointelegraph Staff

Bitcoin Drops 1% as New Dow Jones All-Time High Sees Stocks Leave Crypto Behind

BTC

BTC/USDT

$79,918.49
+0.28%
24h Volume

$7,076,571,890.82

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short
53.2%
Long: 53.2%Short: 46.8%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,967.99

0.17%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,260.41
Resistance 1$80,157.58
Price$79,967.99
Support 1$79,635.96
Support 2$77,509.46
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):67.1
CS
Cointelegraph Staff
(03:40 PM UTC)
1 min read
MR
Verified byMichael Roberts

Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs.

Key points:

  • Bitcoin and crypto markets diverge from US stocks, with the Dow Jones pushing into price discovery at the Wall Street open.
  • Analysis sees further potential upside for stocks coming next, including S&P 500 participants.
  • BTC price action battles weak US demand as Binance buyers…

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Source

Cointelegraph Staff · Cointelegraph

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