Bitcoin slipped back below $68,000 on Thursday, reversing its recent two-day uptrend as capital rotated out of altcoins and meme coins in a broader risk-off move.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $67,681.84
Ethereum (CRYPTO: ETH) $2,022.21
Solana (CRYPTO: SOL) $86.00
XRP (CRYPTO: XRP) $1.39
Dogecoin (CRYPTO: DOGE) $0.09692
Shiba Inu (CRYPTO: SHIB) $0.055980

Notable Statistics:

  • Coinglass data shows 148,693 traders were liquidated in the past 24 hours for $415.80 million.
  • SoSoValue data shows net inflows of $506.5 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $157.1 million.
  • In the past 24 hours, top gainers include pippin, Decred and Stable.

Notable Developments:

Trader Notes: CryptoCon explained that Bitcoin’s recent lows held the $62,000–$71,000 high-volume zone, but thin support below $62,000 leaves room for a sharp drop toward $25,000–$30,000.

That area aligns with key cycle indicators, making it a prime candidate for a late-2026 cycle bottom.

CrediBULL Crypto advised to stay patient as Bitcoin approaches range extremes, with major resistance at the highs aligning with both local highs and $50,000–$74,000 range top of 2024.

Trader KillaXBT predicts that for Bitcoin to reach higher than $70,000 before $58,000, this support box must hold. Losing it would signal a failed support/resistance flip and increase the risk of downside.

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