Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Bitcoin price fell below $66,000 with a further correction into the range of $68,000

Bitcoin: Bitcoin price fell below $66,000 with a further correction into the range of $68,000

On the night of March 15, 2024, the price of bitcoin briefly fell to $66,700. Then the cryptocurrency successfully recovered the lost positions.

Bitcoin then maintained a downward trend throughout the day, and its value fell below USD 66,000.

Bitcoin is currently trading above $68,000 and is looking to stabilize at this level. The market situation is characterized by high #volatility.

Bitcoin price fell below $66,000 with a further correction into the range of $68,000
BTC/USDT exchange rate. Source: TradingView.

It is worth noting that the bitcoin dominance graph is also experiencing significant fluctuations. This indicator decreased from 53.9% to 53.2%:

Bitcoin price fell below $66,000 with a further correction into the range of $68,000
Bitcoin Dominance. Source: TradingView.

In addition, in less than 24 hours, the total clearing of futures contracts exceeded $670 million: according to Coinglass, most of the losses were in long positions.

The fall in the bitcoin rate was also reflected in the rates of other cryptocurrencies. Of the top 10 coins by market capitalization, eight are currently in negative territory.

Despite the downturn, investors seem to be in a positive mood. This sentiment is reflected in the Fear and Greed Index, which has stabilized at 83.

Several analysts have interpreted the decline in major cryptocurrencies as a natural event after a sharp uptrend.

An increase in trading volume in bitcoin fund #Blackrock has caused concern in the market, with Adrian Wang, CEO of Metalpha, suggesting that:

"the decline suggests that the market is adjusting its expectations for bitcoin amid uncertainty around the price around #halving."

However, analysts at QCP Capital expect the drop in bitcoin's value to be short-lived:

"As long as demand for the #ETF bitcoin spot remains strong, this sell-off will not derail the uptrend."

It is worth recalling that on March 13, 2024, the price of bitcoin reached an all-time high. At that time, the cryptocurrency reached a mark of 73,650 US dollars.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: MEXC Q3 2025 Report Highlights Market Leadership Across New Listings, Security, and Ecosystem Growth
Global cryptocurrency exchange MEXC has published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion in listings, user activity, product innovation, security, and..
Artificial Intelligence (AI): DeepSeek dominates AI crypto trading competition
The Chinese AI system DeepSeek showed impressive results in an experimental crypto trading competition, where several models traded with the same capital of $10,000..
Press Releases: MEXC Launches USDT & USDC Staking Gala: Earn 15% APR With Flexible Redemption and Up to 2,926 USDT
MEXC, a leading global cryptocurrency exchange, has officially launched the USDT & USDC Staking Gala, offering users the opportunity to earn up to 15% APR through a flexible redemption..
Press Releases: MEXC Launches ENA Extravaganza with $1 Million Prize Pool, Zero-Fee Trading and Up to 600% APR Staking
MEXC, a leading global cryptocurrency exchange, announced the launch of the ENA Extravaganza in collaboration with Ethena, offering new and existing users a $1 million prize pool alongside..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more