Crypto Price Today

Bitcoin drops below $27,500; Polygon, Solana shed up to 3%"

"Bitcoin fell 0.44% to $27,477, while Ethereum was below the $1,850 level.

Other top crypto tokens were also trading lower, with declines up to 3%.

The global cryptocurrency market cap fell 0.73% in the last 24 hours.

Bitcoin’s dominance is currently 45.93%, an increase of 0.19% over the day.

Bitcoin has seen a 10% decline over the past three days.

Hotter-than-expected US Economic Survey data and UK inflation data pushed US yields higher, weighing on low-yielding crypto assets like Bitcoin.

Major market indicators point towards a Buy sentiment, with a neutral outlook. The MACD Level (12, 26) indicates a sell.

The Stochastic RSI Fast (3, 3, 14, 14) is at 12 with a Neutral indicator, while the Williams Percent Range (14) at −85 signals Buy.

The crypto market is expected to remain stable in the coming weeks if there are no surprising news headlines.

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