Today, Bitcoin: native reached a high of $65,588, now has fallen back to $62,897, down 2.1% in 24 hours


$ETH $1,688, down 3.4%, $1,700 didn't hold
$SOL experienced the sharpest decline, $70, down 5.3% in 24 hours
This morning, following the US-Iran ceasefire negotiations and oil news, a wave moved. Bessent approved Iran's temporary oil sales, causing oil prices to drop. BTC followed and recovered to $65K, then overall retreated, giving back all the gains and more
The geopolitical line remains unresolved. While Iran's ceasefire talks are ongoing, they are also threatening the Strait of Hormuz, causing the market to fluctuate back and forth
BTC ETF has experienced six consecutive weeks of capital outflows, but during the same period, SOL ETF and XRP ETF are attracting funds. Institutions are not exiting crypto but shifting their holdings from BTC to other assets
SOL's recent outperformance aligns with this capital flow, but today it also dropped over 5%+
Whether Bitcoin can hold at $63K tonight is the key; if not, the first support level is below at $62K
DYOR, not investment advice
BTC-3.31%
ETH-6.06%
SOL-6.57%
XRP-3.36%
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