• Bitcoin has failed to break above the resistance of $70,000.
• XRP is facing resistance around the $0.65 price level and is down 13% in seven days.
• SHIB has crashed 80% from its all-time high and awaiting breakout.

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, continues to struggle to break through the $70,000 resistance level despite several attempts over the past few days. BTC currently hovers around $67,584.44, having risen 0.77% in the last 24 hours. Its market capitalization stands at $1.34 trillion.

Bitcoin fell 1.91% over the past week but gained a modest 2.49% over the past 30 days. The leading cryptocurrency trades just 8.36% below its all-time high of $73,750, according to CoinMarketCap data. Since October 2023, BTC soared 98.15%.

As seen from the chart below, Bitcoin tested the $65,000-$66,000 support level several times in recent days and now encounters strong resistance at $70,000. Trading volume declined amid market uncertainty.

Read also: Bitcoin ETFs See $1B Weekly Inflow as Bitcoin Battles to Break $70K, Dominance Spikes to 59.75%

The Relative Strength Index (RSI) reads a value of 58.85 which means th…

The post Bitcoin Hits $70k Resistance as XRP and SHIB Prices Slide appeared first on Coin Edition.

• Bitcoin has failed to break above the resistance of $70,000.
• XRP is facing resistance around the $0.65 price level and is down 13% in seven days.
• SHIB has crashed 80% from its all-time high and awaiting breakout.

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, continues to struggle to break through the $70,000 resistance level despite several attempts over the past few days. BTC currently hovers around $67,584.44, having risen 0.77% in the last 24 hours. Its market capitalization stands at $1.34 trillion.

Bitcoin fell 1.91% over the past week but gained a modest 2.49% over the past 30 days. The leading cryptocurrency trades just 8.36% below its all-time high of $73,750, according to CoinMarketCap data. Since October 2023, BTC soared 98.15%.

As seen from the chart below, Bitcoin tested the $65,000-$66,000 support level several times in recent days and now encounters strong resistance at $70,000. Trading volume declined amid market uncertainty.

Read also: Bitcoin ETFs See $1B Weekly Inflow as Bitcoin Battles to Break $70K, Dominance Spikes to 59.75%

The Relative Strength Index (RSI) reads a value of 58.85 which means th…

The post Bitcoin Hits $70k Resistance as XRP and SHIB Prices Slide appeared first on Coin Edition.