CoinEx Daily: Bitcoin Slides Toward $75,000 on Risk-Off Flows and Tighter Financial Conditions
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Bitcoin slid toward the $75,000 area today, pressured by broad risk-off flows as selling intensified across the crypto market and sentiment turned more defensive, with the Coinbase premium flipping negative and realized losses rising. Macro conditions remained a headwind after the Federal Reserve left rates unchanged, while firmer oil prices, a stronger U.S. dollar, and weakness in equities reinforced a cautious tone across risk assets. Overall, crypto market sentiment is fragile, with traders focused on tighter financial conditions and cross-asset volatility rather than near-term upside.
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