Bitcoin saw a slight decline on Tuesday after touching $69,500. Major altcoins also experienced drops. This movement followed de-escalation signals, leading to liquidations. Corporate accumulation continues to support the sector. The global crypto market capitalization edged down. Analysts suggest Bitcoin faces resistance near $70,000-$72,000, with upcoming U.S. CPI data being a key trigger.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets