Bitcoin has broken below $77,000, following $290.4 million in net outflows from Bitcoin ETFs on Friday, while Ethereum ETFs reported $65.7 million in net outflows.
CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$76,788.45Ethereum(CRYPTO: ETH)$2,113.86Solana(CRYPTO: SOL)$84.30XRP(CRYPTO: XRP)$1.37Dogecoin(CRYPTO: DOGE)$0.1041Shiba Inu(CRYPTO: SHIB)$0.055642 Meme coin market capitalization is trading 3.2% lower at $35.5 billion over the past 24 hours.
Trader Commentary: Trader Alex Wacy said Bitcoin is approaching a critical "make-or-break" zone near $70,000, warning the level could determine the market's next major directional move.
Holding above the level could fuel a rebound toward the $85,000-$90,000 region, while losing the level risks opening the door for a deeper correction toward $50,000-$60,000.
Crypto chart analyst Ali Martinez noted Ethereum appears to be breaking out of another bullish flag structure as the $1,100 region remains a major long-term accumulation zone.
