‘Intense Capitulation’ Hits Crypto as 8M BTC, Bulk of ETH Supply Sit at Loss

BTC

BTC/USDT

$84,199.83

-0.60%

$84,199.83

-0.60%

(24s)

24h Volume

$14,872,335,188.21

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.1%

Long: 58.1%Short: 41.9%

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Decrypt Editorial

(11:26 AM UTC)

1 min read

Bitcoin, Ethereum, and XRP investors have suffered heavy losses as the crypto market tumbles, with over 8 million BTC underwater.
During these capitulation phases, “future winners separate themselves from the field,” Decrypt was told.
Sentiment remains bearish with Myriad users giving Bitcoin’s $55,000 retest a 75% chance.

The crypto market’s 2026 drawdown, driven by Bitcoin's lackl…