According to CoinDesk, Bitcoin has continued to be under pressure after failing to break through $83,000, dropping to its lowest level since early April, currently reported at $73,526, with a 24-hour increase of only 0.07%. This pullback extends the downward trend of the past three weeks and forms a series of lower lows since October of last year, seen as a potential bear market signal.
Ethereum has also weakened, briefly dropping to $1,965 before slightly rebounding above $2,000. Meanwhile, U.S. stocks continue to outperform the crypto market, with S&P 500 and Nasdaq 100 futures both rising 0.15%, approaching historical highs.