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Bitcoin slipped below key cost basis levels during May market correction: Finestel
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Bitcoin slipped below key cost basis levels during May market correction: Finestel
Finestel said Bitcoin ended May near $70,600 after inflation concerns, rising Treasury yields, and geopolitical tensions triggered a market pullback.The report found Bitcoin fell below key holder cost basis levels, while support emerged in the $70,000 to $73,000 range.Professional asset managers increased stablecoin allocations and reduced altcoin exposure as they adopted a more defensive stance.
2026-06-04 Source:crypto.news
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