March 6, 2025

Bitcoin trader eyes $78K BTC price retest as US seen delaying reserve

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTY3MjItYWMyNi03OGRkLTgzOGItNTRlYmRmNDM4YWVj

US Congressional support for a Bitcoin reserve is lacking, Senator Cynthia Lummis warns as BTC price momentum stalls.

Bitcoin (BTC) retreated from above $90,000 at the March 5 Wall Street open amid mixed signals over the US strategic reserve.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed whipsaw BTC price action continuing as part of broader risk-asset volatility.

Read more

Please enter CoinGecko Free Api Key to get this plugin works.