Bitcoin (BTC) faces challenges in surpassing the $70,000 resistance level, though it has made several attempts recently. It is currently priced at approximately $67,584.44, marking a 0.77% increase in the past 24 hours.
Bitcoin's market capitalization is at a notable $1.34 trillion. However, it experienced a decrease of 1.91% over the previous week, reflecting the ongoing volatility in the cryptocurrency market.
Additionally, while Bitcoin struggles at this resistance, other cryptocurrencies such as XRP and SHIB have also experienced a decline in their prices, indicating a broader market challenge.