Bitcoin is currently near a crucial support level, but rising global bond yields are putting pressure on risky investments like it. Traders are particularly focused on a gap in Bitcoin’s price on the CME exchange around $79,100 and anticipate it will likely be filled soon. If the price drops below this level, other cryptocurrencies (altcoins) could also fall, as their prices are easily affected by market conditions. Adding to this, oil prices have risen after filling a similar gap, which could contribute to higher inflation. Experts are now watching the $71,000 level closely, as a drop below that could trigger a larger and faster market decline.
Read More
- PI PREDICTION. PI cryptocurrency
- USD ZAR PREDICTION
- HYPE PREDICTION. HYPE cryptocurrency
- Silver Rate Forecast
- ONDO PREDICTION. ONDO cryptocurrency
- FIL PREDICTION. FIL cryptocurrency
- DOGE PREDICTION. DOGE cryptocurrency
- SUI PREDICTION. SUI cryptocurrency
- 🤑 HumidiFi’s Secret Sauce: $8.55B in a Week? Solana’s Whales Are Swooning! 🐳
- SEC’s Silent Treatment: Litecoin ETF in Regulatory Limbo 😬
2026-05-18 11:21