Bitcoin is currently trading at $94,400, while numerous altcoins are on a downward trajectory. The recent drop in Bitcoin’s value has intensified these negative trends. Despite positive geopolitical news, altcoins have not seen any gains.
Current Market Situation
Bitcoin is under pressure, trading at $94,400, with the potential to fall further to $89,000. Altcoins continue to show weakness amidst negative market sentiment.
Chiliz (CHZ) Outlook
Chiliz (CHZ) has dropped to $0.05 and needs to break through resistance at $0.0598 to begin recovery. However, given the overall market trends, chances appear slim.
Floki Coin Status
Floki Coin is nearing a low of $0.00007225. If this trend persists, it could decline to $0.00003756, where it previously gained momentum.
The current situation in the cryptocurrency market remains highly tense. The drop in Bitcoin and altcoins' difficulties may lead to further market fluctuations in the future.
