Bitcoin price slips under $70,000 again as “buy the dip” gives way to “sell the rip”
Bitcoin hovered near $69,000 Tuesday after last week’s correction triggered $9 billion in liquidations and pushed more money into stablecoins, according to Kaiko. Analysts are divided on whether the shift from “buy the dip” to “sell the rally” signals a pause or deeper slide. Stablecoin dominance rose to 10.3% of crypto market cap. BlackRock’s iShares Bitcoin Trust ETF gained 1.2% to $40.11.