Bitcoin Edges Lower as Rally Loses Steam — Market Talk

Bitcoin falls 0.2% to around $64,400 as a rally that pushed prices back over $65,000 last week appears to falter. $65k is seen as a major resistance marker for bitcoin, says Naeem Aslam of Zaye Capital Markets in a note. He attributes the cooling of the push higher to "limited liquidity and broader risk-off positioning," but says that bitcoin managing to maintain a price level above $65k in the near-future could signal a new leg-up for the cryptocurrency. Ethereum is flat around $1,866, XRP is down 0.3% to $1.09, and solana is up 0.3% to $76.28. ([email protected])