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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%
$79,918.49
+0.28%
(24s)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
CS
Cointelegraph Staff(03:40 PM UTC)
1 min read
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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