Bitcoin's Rally Loses Steam as Key Indicators Signal Short-Term Decline
The Bitcoin rally that occurred on Sunday night has stalled near $79,400, showing signs of exhaustion as several indicators suggest potential short-term vulnerability, with the price now trading around $77,000.
Notably, the Coinbase premium index has turned negative for the first time since April 8, according to data from Coinglass, marking a shift after 14 consecutive days of positive re…