Bitcoin is trading around $69,000 as geopolitical tension continue to weigh on crypto markets.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $69,211
Ethereum (CRYPTO: ETH) $2,021
Solana (CRYPTO: SOL) $83.34
XRP (CRYPTO: XRP) $1.40
Dogecoin (CRYPTO: DOGE) $0.09234
Shiba Inu (CRYPTO: SHIB) $0.055968

Notable Statistics:

  • Coinglass data shows 94,898 traders were liquidated in the past 24 hours for $228.80 million.

Notable Developments:

Trader Notes: Crypto trader Jelle said Bitcoin may ultimately find a higher-timeframe bottom in the low $50,000 range over the coming months, suggesting further volatility before a durable low is set.

Daan Crypto Trades highlighted that Bitcoin’s daily RSI has fallen to its most oversold reading since the March 2020 COVID crash, an extreme rarely seen since.

He noted the signal is especially notable given Bitcoin now trades roughly 20 times higher than it did during that period.

Trader Crypto Tony attributed the latest sell-off to Trump’s Iran update, calling it a classic example of unpredictable macro headlines driving short-term price action.

With the initial flush likely complete, he said the next move could be a sweep toward the heavy liquidity zone around $67,500.

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