$BTC

BTC trading at $69,998, up 2% in the last 24 hours after rebounding from lows near $60,000, but still down significantly from 2025 peaks around $126,000. Cooler than expected US CPI fuels rate cut hopes and risk appetite, driving BTC above $70,000 briefly before pullback. $8.7B liquidations hit market; StanChart cuts 2026 target to $100K, warns of $50K dip. BTC claws back in relief rally but faces resistance near $70,000–$71,000. Support at $68,000–$65,000; oversold conditions and short squeeze potential if breaks higher. Bearish momentum lingers with deleveraging, hovering in $66K–$70K range post capitulation. Always DYOR.

BTC

69,443.62

+0.06%