- Bitcoin’s price has fallen another 1.58% over the last 24 hours.
- Santiment shared that BTC’s price fall is correlated with diminishing whale interest.
- Daily technical indicators are still bearish for the market leader.
The crypto market leader, Bitcoin (BTC), has seen its price drop 1.58% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, BTC is changing hands at $16,618.67.
After establishing a daily high at $16,895.28, BTC’s price has since declined to its current level. BTC’s 24-hour low sits at $16,608.18. Meanwhile, the daily trading volume for BTC has risen 34.41% – taking the total volume for the day to $16,752,177,832.
Santiment, the blockchain analysis firm, tweeted this morning that BTC’s ranging prices have a lot to do with declining whale interest.
The post BTC’s Drop Correlated With a Lack of Whale Interest: Santiment appeared first on Coin Edition.