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Bitcoin Tumbles Below $106K as Traders Brace for Ether’s Next Big Move

Bitcoin Tumbles Below $106K as Traders Brace for Ether’s Next Big Move

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-29 20:36:09
0

Bitcoin Slides Below $106K; Analyst Sees Ether Breakout Looming

Crypto markets reel as Bitcoin sheds value—dropping under the $106K threshold—while analysts spot Ether coiled for a potential breakout. The king of crypto stumbles just as its closest rival gathers momentum.

Ethereum’s chart patterns hint at explosive upside, leaving bag-holders whispering ’flippening’ again. Meanwhile, Wall Street quants still can’t decide if blockchain is a revolution or just Excel with extra steps.

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