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via Cointelegraph · By Cointelegraph Staff
Bitcoin Sell Off Poses Risk To Nascent Altcoin Season
BTC
BTC/USDT
$63,112.05
+0.11%
$63,112.05
+0.11%
(24s)24h Volume
$2,113,393,849.52
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.1%
Long: 68.1%Short: 31.9%
Funding Rate
+0.0034%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:33 PM UTC)
1 min read
Key points:
- Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control.
- Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support.
Bitcoin (BTC) has dipped below $77,000, indicating that the bears are attempting to seize control. Glassnode said the true market mean at $78,300 has historically…
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