Bitcoin Defies Equity Market Weakness as Crypto Prices Remain Range-Bound

The cryptocurrency market has shown minimal change over the past 24 hours, maintaining a market capitalization of around $2.19 trillion.

Polarisation within the market is intensifying, widening the trading range for top coins such as IOTA (+3.9%), Polkadot (+2.8%), and Hedera (+2.5%).

Notably, Bitcoin has shrugged off the weakness in equities, despite a significant sell-off on Tuesday.

The price of BTC touched $65K at the start of US trading but was met with selling pressure, pushing it down to $64.3K. The battle is centered around the $63.7K level, and a breakout from the $62.7K-$65.3K range will determine Bitcoin's direction.