Bitcoin Defends $77K as Remittix Rallies Ahead of Listing Milestone
Bitcoin has been defending the $77,000 region after a pullback in early September. The cryptocurrency slipped below this level but quickly regained it, keeping the possibility alive that the decline is consolidation rather than a reversal.
The strength of this defense matters because leveraged markets had become crowded following Bitcoin's strong August rally. Absorbing forced selling around $77,000 would indicate that spot buyers remain willing to accumulate even while short-term traders reduce risk, potentially establishing a firmer platform for the next breakout attempt.
Remittix, on the other hand, is approaching its listing milestone. The project has raised $31.75 million and needs only $250,000 more to reach the $32 million hard cap that will unlock the announcement of its listing date.