WS #15748
Bitcoin and Ether have bounced from a second wave of liquidations, but the asset is encountering strong resistance at the $84,000 level. The broader crypto market is under pressure from rising oil prices, which are draining liquidity from risk assets. Polymarket data indicates a split in sentiment, with traders debating whether Bitcoin can hold above $78,000 by mid-week, reflecting heightened uncertainty in the digital asset space.
Bitcoin Volatility & Crypto Liquidations
Bitcoin and Ether have bounced from a second wave of liquidations, but the asset is encountering strong resistance at the $84,000 level. The broader crypto market is under pressure from rising oil prices, which are draining liquidity from risk assets. Polymarket data indicates a split in sentiment, with traders debating whether Bitcoin can hold above $78,000 by mid-week, reflecting heightened uncertainty in the digital asset space.