Home InvestingBTC Price Breaks $60,730 Support As Weak Stablecoin Flows Raise Fresh Concerns

BTC Price Breaks $60,730 Support As Weak Stablecoin Flows Raise Fresh Concerns

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The post BTC Price Breaks $60,730 Support As Weak Stablecoin Flows Raise Fresh Concerns appeared first on Coinpedia Fintech News

The BTC price slipped below $58,500 today, extending losses and breaking through the closely watched $60,730 support zone that traders had defended for weeks. On the weekly chart, the move adds pressure to an already fragile structure and leaves the market staring lower. Bullish recovery narratives suddenly look a lot less convincing. Stablecoin Deposits Rise …

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