Bitcoin Surge Loses Momentum as Key Metrics Turn Bearish
Bitcoin's Sunday night surge has stalled near $79,400, exhibiting signs of exhaustion, with multiple indicators suggesting potential short-term vulnerability as the price drops back to around $77,000. Initially, the Coinbase premium index has turned negative for the first time since April 8, according to Coinglass data, shifting to -0.04% after a 14-day streak of positive readings, the longest si…