Will the Crypto Market Rebound This Week?

The crypto market has seen a sharp sell-off, with total market value falling to $2.52 trillion, down by 6% in the last 24 hours. Bitcoin, the pioneer cryptocurrency, dropped heavily from $89,200 to a low of $74,561.

For now, all eyes are on the $68,000–$70,000 zone, which acted as strong resistance throughout 2024 and may now serve as critical support.

As of now, Bitcoin price is trading around $76,453, reflecting a drop of 2.2% seen in the last 24 hours.

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