Bitcoin USD Price & Performance (BTCUSD)

Bitcoin's market sentiment turned positive after the SEC's crypto roundtable discussions. Technical indicators like the RSI reached 68, signaling strong buying interest. Trading volumes surged by 20% across major exchanges, hitting $60 billion. Ethereum also gained, rising 2.5% to $3,200. The event highlighted Bitcoin's adoption and limited supply.12

U.S. stock futures displayed tepid movement as investors awaited key economic data. S&P 500 futures edged lower, while Dow Jones futures ticked upward. Treasury yields fell to 4.3%, and commodity prices like oil and gold also declined. The market remains cautious after recent sell-offs in stocks and cryptocurrencies.3

Bitcoin consolidated below $64,500, signaling a potential shorting opportunity. Trading volumes on Binance and Coinbase reached 25,000 BTC during this phase. On-chain data showed an MVRV ratio of 2.3, indicating overbought conditions. Ethereum mirrored Bitcoin's behavior, trading at $3,200 under similar resistance.42