Market uncertainty affects Bitcoin traders: This weekend highlighted the obstacles Bitcoin ($BTC) traders encounter due to macroeconomic factors. The global crypto market cap has decreased to 3.6 trillion USD, showing a 1.2% drop, alongside a notable trading volume reduction of about 23.93%.
$74,000 support level is key: The $74,000 level acts as crucial support for Bitcoin, with many traders observing its stability. If breached, a significant sell-off may push BTC towards the $50,000 range, emphasizing the volatile nature of the current market.
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