Bitcoin's Price Drops Toward $83K, Traders Eye Next Big Crypto
Bitcoin's price has slipped back toward $83,000 due to rising Treasury yields and stronger U.S. business activity, leading traders to search for the next crypto to explode.
DigiTap is entering this hunt at $0.0589 while still in presale and awaiting its first exchange trade. Bitcoin traders are watching for a potential rebound from the current weakness.
The $70,000 support zone identified by CryptoQuant gives traders a level to watch if the current weakness deepens.