Bitcoin Price Falters as Institutional Accumulation Fails to Break $71,000 Resistance
Bitcoin faces stiff resistance near $71,000 despite Binance and Strategy’s multi-hundred million dollar acquisitions. Market sentiment remains “teetering” as TradFi deleveraging and high correlation with tech stocks continue to weigh on digital assets. OKX CEO Star Xu criticizes competitors’ marketing-driven accumulation, warning of “eroded trust” and “Ponzi-like schemes” in the ecosystem. Trending: Bitcoin Price Prediction
