The negative crossover of momentum indicator suggests a sell signal. Option data suggests a broader trading range between 16,600 and 17,500 zones while an immediate trading range between 16,800 and 17,300 zones
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest