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Bitcoin Stalls at $65K as Market Falters | Bitcoin and Crypto News
Description
Bitcoin’s clinging to the $65K mark for the fourth time this week, as crypto sentiment turns gloomy with Ether and XRP taking the biggest hits. While Solana and BNB hold weekly gains and smaller coins like Dogecoin edge up, the big players are under pressure. Analysts spot mounting short positions above $65K — traders aren’t expecting a crash but lack bullish momentum. The next key hurdle? $70K, especially if Bitcoin breaks above its 200-day moving average. For now, fear dominates the market, amplified by rising oil prices and looming U.S. inflation data — and crypto funds are quietly bleeding money.
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