Bitcoin's Rally Loses Steam as Bearish Signals Emerge
The recent Bitcoin price surge, which reached nearly $79,400 on Sunday night, is now displaying signs of exhaustion, with multiple indicators pointing to possible short-term vulnerability as the price drops back to around $77,000.
Notably, the Coinbase premium index has turned negative for the first time since April 8, according to data from Coinglass, falling to -0.04%. This shift follow…