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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

$62,636.18

-2.94%

$62,636.18

-2.94%

(24s)

24h Volume

$19,519,130,387.97

24h H/L

$64,730.15 / $61,938.00

Change: $2,792.15 (4.51%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,519.99

▼ -2.34%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,663.04

Resistance 1$62,910.49

Price$62,519.99

Support 1$61,834.89

Support 2$60,586.08

Support 3$59,157.10

Pivot (PP):$62,911.12

Trend:Downtrend

RSI (14):36.8

Cointelegraph Staff

(03:40 PM UTC)

1 min read

Verified byMichael Roberts

660 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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