Early July Bulls Waver: Bitcoin Drops Below $60k, Altcoins Face Negative Funding
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Early July saw Bitcoin dip below $60k, converting a crucial support level into resistance, which raised questions about the continuation of the bull market. Prominent analyst Miles Deutscher highlighted Bitcoin’s difficulties in reclaiming pivotal support levels. Concurrently, altcoins are encountering negative funding rates, compounding the market’s uncertainty.
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