Bitcoin Slips Below $65K Amid Broader Crypto Market Decline

Bitcoin's price has fallen below $65,000 after failing to hold at that level for four days. This decline is part of a broader trend in the crypto market, with ether and XRP leading declines among major cryptocurrencies.

The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. Analysts see $70,000 as a key resistance level that could shift market sentiment if surpassed.

Despite the dip, bitcoin remains slightly up on the week, while sentiment stays in the 'fear zone.'