Bitcoin falls this Monday, trading at $65,714, down 1.9% on the day and 2.8% on the week. Ether follows the trend at $1,938, also losing ground. Trading volumes remain moderate, a sign of increased caution among investors. This decline comes after a consolidation period that had kept Bitcoin around $67,000 the previous week.
This pullback occurs in a tense macroeconomic context. Traditional markets, particularly US stock indices, show signs of weakness, fueled by persistent fears over inflation and interest rates. Crypto investors, often sensitive to these factors, are reducing exposure while waiting for clearer signals. Bitcoin’s drop below $66,000 is seen as an important psychological test, as this level had served as support during recent fluctuations.
The impact of this decline is felt across the entire ecosystem. Altcoins, like Ether, face similar pressures, and total crypto market capitalization is retreating. For traders, this Monday marks a return to volatility after relative calm. If the downtrend continues, Bitcoin could test lower levels in the coming days, particularly around $64,000. In the meantime, the market remains in wait-and-see mode, watching for the next economic announcements.
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