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Bitcoin drops toward $68,000 as demand weakens and whales sell

Apr 07, 2026 03:57 UTC

Bitcoin drops toward $68,000 as demand weakens and whales sell.

  • BitcoinBTC$69,229
  • 19slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower
  • The drop came after another failed push above $70,000, with prices slipping quickly once they approached the lower end of the $65,000 to $73,000 range that has defined trading since late March

BitcoinBTC$69,229.19slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower. The drop came after another failed push above $70,000, with prices slipping quickly once they approached the lower end of the $65,000 to $73,000 range that has defined trading since late March. Intraday losses accelerated near that boundary, highlighting how little support exists when momentum turns. That calm is not being driven by strong demand. RecentGlassnode datashows softer trading volum

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