Bitcoin and Ethereum Struggle as the Nasdaq Drags Them Down – Steady Lads

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Bitcoin fell below $75,000 after a brief rebound as the market followed weakness in US technology stocks and inflation data that exceeded expectations. Cara identifies a major support level around $66,000 while noting early signs that the decline could be losing momentum in the short term. Ethereum and altcoins are struggling to stabilize; the $1,900 to $2,000 range is the key area to watch for Ethereum, while Solana has returned close to its July high. With several support levels broken, the portfolio manager is not increasing exposure but is adjusting positions and keeping roughly one-third of the portfolio in stablecoins.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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