Crypto: Bitcoin Price Sets New 15-month Low Under $73k As Crypto Liquidates...

Bitcoin fell to its lowest levels since November 2024 after beating its previous bottom, with $70,000 BTC price support and under coming into focus.

Bitcoin (BTC) saw a second dip below $73,000 after Wednesday’s Wall Street open as US sellers returned.

Bitcoin falls further into territory not seen since late 2024, dropping under Tuesday’s prior low.

Macro assets lose steam as precious metals give back recent gains.

Traders lie in wait for deeper long-term lows on Bitcoin to come next.

Data from TradingView showed characteristic BTC price weakness during the US trading session, with lows of under $72,500 on Bitstamp.

These beat the 15-month lows seen the day prior, and a relief bounce above $76,000 was short-lived.

Macro assets were subdued across the board, with gold failing to recapture $5,000 as support and US stocks heading lower at the open.

BREAKING: Silver prices post a massive reversal, falling nearly -$9/oz in under 3 hours.Gold prices also fall -$220/oz in under 3 hours. pic.twitter.com/F6BaeFDWRl

“Crypto remains volatile,” trading company QCP Capital wrote in its latest “Asia Color” market update.

Source: CoinTelegraph