Blood Returns to Crypto as BTC Loses Momentum
Bitcoin token surrounded by scattered U.S. dollar bills. Source: TechGaged / Shutterstock Bitcoin (BTC) remains under pressure after another failed recovery attempt, as the leading cryptocurrency is trading near $61,000 and posting a daily loss of about 2.5%. The wider market has weakened alongside BTC, as most major altcoins moved lower and several high-profile tokens recorded double-digit declines. Despite the pullback, traders continue watching whether Bitcoin can hold above key support levels and prevent a deeper correction across the crypto market.