$BTC
BTC
70,366.29
+2.14%
Bitcoin continues to serve as the primary bellwether for the broader digital asset market, reflecting shifting global liquidity and institutional sentiment. Its recent price action suggests a period of cooling after a volatile start to the year, as traders keep a close watch on the critical support levels near $60,000. While short-term technical indicators show signs of exhaustion, the underlying network security remains robust with hash rates near all-time highs. Ultimately, the coin's ability to consolidate above its current range will likely determine whether the next major move is a recovery toward previous peaks or a deeper correction.