Bitcoin price declines as supply on exchanges rises

Bitcoin (BTC) faced rejection at the daily resistance level of $63,956 on Monday, resulting in a 4.2% decline over the next two days. BTC’s price extends its downward move and falls below $58,000 on Thursday, adding more than 4% losses in the day.


Bitcoin wobbles at $57K as liquidations reach $295M

Bitcoin fell below $60,000 amid heavy selling pressure, reaching a recent low of around $57,800. The sell-off triggered over $77 million in Bitcoin long liquidations across centralized exchanges in the past 24 hours, contributing to a total of $295 million in market-wide liquidations.