Bitcoin (BTC) dropped near $61,000 on Tuesday, with the latest sell-off pushing long-term market indicators toward levels historically associated with bear-market bottoms, according to a report by K33 Research.
Cardano (ADA) remains under pressure, trading below $0.170 on Monday after a massive correction in the previous week. The bearish price action is supported by the uncertainty surrounding Charles Hoskinson’s remarks last week, which weighed heavily on market sentiment.
BNB (BNB), formerly known as Binance Coin, extends its losses, trading below $635 at the time of writing on Thursday amid fresh tensions in the Middle East, which weigh on broader market sentiment.