Crypto News

Breaking Resistance: BTC at $66,850 Bitcoin (BTC) has been on a rollercoaster ride in recent weeks, with its price hitting an all-time high of $66,850. This marked a major milestone for the world's largest cryptocurrency, as it surpassed its previous record of $64,863 set in April. The surge in BTC's price was largely driven by increased institutional interest and adoption, as well as positive news such as PayPal's announcement to allow users to buy, sell, and hold BTC on its platform. However, the $66,850 resistance proved to be a tough level to break, and BTC failed to sustain its momentum. The price has since dropped and is currently hovering around the $65,000 mark. This could be a sign of a potential correction, as investors take profits and the market cools off after the recent rally. Downward Movement: BTC Dipping Below $65,500? BTC's decline from the $66,850 resistance has raised concerns among traders and investors. The cryptocurrency is once again mo...