News · Cointelegraph

Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

Bitcoin fell about 1.7% on Monday to below $77,000 as stocks pared early gains on hopes of a diplomatic resolution to the US-Iran war. WTI crude slid over 7% to about $96.50 per barrel after touching $95.15, its lowest since Oct. 15, while Brent dropped 9% to around $103.30. Gold rebounded 2% past $3,950 per ounce after hitting 13-month lows of $3,891. Rekt Capital warned BTC could fall below $76,000 after failing to break $78,500, while QCP Capital pointed to the $76,000–$76,600 support band and $79,500–$80,500 resistance as key levels.

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BTC/USDT

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Bitcoin

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 11/01/202678,354.00
Change that session+1.00%
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SectorLayer 1
Market cap$277.2B
Close on 11/01/20262,275.31
Change that session+0.87%
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