Bitcoin's Rally Loses Momentum as Key Indicators Signal Short-Term Decline
The bitcoin price surge that occurred on Sunday night has stalled near $79,400, showing signs of exhaustion, with multiple indicators suggesting potential short-term vulnerability as the price drops back to around $77,000.
The Coinbase premium index has recently turned negative for the first time since April 8, according to data from Coinglass, with a shift to -0.04% following 14 consecutive …