Bitcoin's Rally Loses Momentum as Bearish Signals Emerge
The recent Bitcoin surge, which peaked near $79,400 on Sunday night, is now displaying signs of exhaustion, with multiple indicators hinting at possible short-term vulnerability as the price returns to around $77,000. The Coinbase premium index, a gauge of demand from US investors, has turned negative for the first time since April 8, according to data from Coinglass, marking a shift from the 14-…