Bitcoin stalls below $76,000 as sell wall caps rally despite rising derivatives activity
CoinDesk·3d ago·Neutral
What Happened
Bitcoin trades near $75,440, testing $76,000 for the third consecutive day as $450 million in sell orders between $75,900-$76,300 cap the rally. Despite rising derivatives activity and bullish trader momentum, resistance persists. U.S. equities reached record highs as Middle East tensions ease, with crypto temporarily underperforming equities.
Key Entities
BitcoinBTC$76,000$75,440CoinGlassU.S. equitiesIranIsraelLebanonRHODL ratio