CoinEx Daily: Bitcoin Falls on Crypto-Led Selloff, Weak Demand and Long Liquidations

Daily View

Bitcoin traded under pressure and briefly approached the mid-$75,000 area, underperforming even as equities—particularly tech-linked shares—remained relatively firm, reinforcing the current divergence between BTC and the stock market while traders monitor a potential golden cross signal. Macro conditions remain mixed, with rate expectations still constrained by a hawkish Federal Reserve backdrop, the U.S. dollar broadly supported, and geopolitical uncertainty adding another layer of caution across risk assets. Overall crypto market sentiment is cautious to risk-off, as broad digital asset weakness and a pullback in DeFi activity point to reduced appetite for speculative exposure despite continued institutional and treasury-related bitcoin accumulation.