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Bitcoin Faces Elevated Downside Risk: Loss Selling Takes Hold As STH SOPR Falls Below 1

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Bitcoin Faces Elevated Downside Risk: Loss Selling Takes Hold As STH SOPR Falls Below 1

Bitcoin has been under intense selling pressure in recent sessions, leaving market participants increasingly cautious about near-term direction. On Wednesday, BTC briefly surged from the 86,000areatoward86,000 area toward 90,000, offering short-term investors a moment of relief after weeks of downside volatility.


Original Article: NewsBTC

This article was originally published on NewsBTC and has been curated for our readers.