Bitcoin could test $75,000 as markets look ahead to Wall Street reopening
Bitcoin fell to near $74,600 on Saturday, moving below a support zone that traders tracked this week. U.S. spot bitcoin funds showed outflows, and higher bond yields kept risk demand weak. Trading is light this weekend. U.S. stock markets remain closed Saturday and are set to stay shut Monday, May 25, for Memorial Day. That leaves crypto trading most of the weekend with few signals coming from Wall Street’s cash markets.