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Bitcoin liquidity sinks to $62.5K as BTC price struggles at US open

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Bitcoin liquidity sinks to .5K as BTC price struggles at US open
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Bitcoin liquidity sinks to $62.5K as BTC price struggles at US open

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Source: Coin Telegraph

BTC price momentum sags as Wall Street returns amid surprise that Bitcoin could not capitalize further on last week’s macro news.

Bitcoin (BTC) went nowhere at the Aug. 26 Wall Street open as analysis stepped up warnings of a short-term BTC price correction.

Related: 4 reasons why Bitcoin may see $60K before $70K

Data from Cointelegraph Markets Pro and TradingView revealed signs of weakness starting to show on low timeframes as BTC/USD stayed below $64,000.

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Author: William Suberg

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