Bitcoin slides back below $74,000 as breakout to higher levels fails again
CoinDesk·2h ago·Neutral
What Happened
Bitcoin dropped below $74,000 on Thursday morning, falling 2% after failing to break through $75,000 resistance. The cryptocurrency fell to $73,500, down 1% over 24 hours. Stock markets also paused their rally, with Nasdaq and S&P 500 slightly lower. Crypto-linked stocks including Coinbase and Robinhood fell 2-3%. Oil prices rose 2% to $90. Breaking $75,000-$76,000 could signal movement toward $90,000.
Key Entities
BitcoinBTC$74,000$75,000CoinbaseRobinhoodS&P 500NasdaqMiddle East