Bitcoin breaks below $26.7K; liquidations rise over $230M in 24hrs
Bitcoin Falls 7.2% after Reaching YTD High of $28,865 Prior to FOMC Meeting

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The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Long-term holders are selling their Bitcoin, racing to lock in profits for the first time since May 2022 as Bitcoin surges past $28,000.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Bitcoin has been the top-performing asset of 2023 when measuring risk-adjusted performance (Sharpe ratio).
With Bitcoin hitting one of the best weeks in history, closing the week up 35.8%, several notable trends may indicate a bull market ahead.
On-chain metrics shows weakness in Ethereum fundamentals suggesting the ETH/BTC ratio will continue falling in these uncertain times.