【mexc global exchange】Bitcoin Slides Below $93,000 Amid Lukewarm US Interest During the Holidays

Sunday has been a rollercoaster for bitcoin prices,mexc global exchange with the top crypto asset dipping to a low of $92,941 per coin. The whole crypto market took a hit, dropping by 1.61%, while BTC itself lost 1.42% in the last 24 hours.

Cryptoquant Data Shows Bitcoin’s Sell-Side Liquidity Plunged to 6.6 Months

Bitcoin hit a low of $92,941 by 5:30 p.m. ET on Sunday, and after the drop, it attempted to bounce back above $93,000 per coin. The day before, at 5 p.m. ET on Saturday, BTC was floating comfortably above $95,000, precisely at $95,529 per unit. With the holidays, BTC’s trading volume has been somewhat quiet, clocking in at $26.18 billion in the last day. On the 1-day BTC/USD chart, key oscillators like the relative strength index (RSI) at 43, Stochastic at 14, and the average directional index at 26 are all chilling in neutral territory.