Bitcoin and Ether fell sharply after months of fading momentum collided with a surge in oil prices and Treasury yields near 5.35%—triggering $484.9m in single-day ETF redemptions and nearly $974m in liquidations, with Bitcoin's next key support at 75,026–76,040 and Ether already testing its 55-day EMA near 2,480.
The post Bitcoin, Ether Correction Deepens as Macro Shock Exposes a Tired Rally appeared first on ActionForex.
Bitcoin and Ether fell sharply after months of fading momentum collided with a surge in oil prices and Treasury yields near 5.35%—triggering $484.9m in single-day ETF redemptions and nearly $974m in liquidations, with Bitcoin’s next key support at 75,026–76,040 and Ether already testing its 55-day EMA near 2,480.
The post Bitcoin, Ether Correction Deepens as Macro Shock Exposes a Tired Rally appeared first on ActionForex.
