📌 Bitcoin wobbles around $70,000 as macro headwinds weigh on crypto – Bitcoin fell 5. 5% to around $70,000 on Thursday afternoon in Asia, tracking a broader risk-off move across global markets.
$BTC #Bitcoin wobbled around $70,000 on Thursday afternoon in Asia, slipping about 5.5% as a broad risk-off move hit global markets. Traders cited macro headwinds — a firmer dollar and rising Treasury yields — denting crypto demand. Short-term support is eyed near $68k as volatility stays elevated and flows react to headlines.
#Macro Insights# #Crypto #Markets