This Friday, March 20, 2026, the cryptocurrency market continues to struggle. Bitcoin is down 1.9%, trading at $69,871, just above the psychological $70,000 threshold. Ethereum follows the trend, dropping to $2,137, down 3.0% on the day. On the week, Bitcoin is now down 1.0%, while ETH has lost 3.5%.
This latest decline comes amid widespread caution. Traditional markets are also retreating, with persistent fears over inflation and interest rates. Investors are reducing their exposure to volatile assets, weighing heavily on cryptocurrencies. Bitcoin, despite its past resilience, is not immune to this selling pressure.
For observers, the $70,000 level is key. If broken to the downside, it could trigger additional selling. Conversely, a rebound at this level could attract opportunistic buyers. The mood is tense, but some note that corrections are part of the natural market cycle. Patience remains key for long-term investors.
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