According to Bitcoin.com, in the 89 days since entering 2025, the total value of the cryptocurrency space has shrunk by $610 billion, from about $32,700 to $2.66 trillion.
Bitcoin is trading between $82,856 and $83,032, with a market cap of around $1.65 trillion and a 24-hour global volume close to $14 billion. Currently Bitcoin is showing signs of a short-term consolidation, despite a temporary upswing, volume patterns suggest weak buyer engagement, lower highs and lower lows suggest a broader downtrend will continue, resistance at $84,500 remains a key level, while support at $81,600 is crucial.
Analysis: Cryptocurrency market cap has evaporated by $610 billion so far this year, and the current key support level of BTC may be $81,600
2025-03-30 17:53:57
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