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Bitcoin set for support test near $78.3K amid stock and oil moves
Crypto traders are watching BTC price support around $78,300 as the coin pulls back alongside a drop in stocks at the start of Tuesday’s Wall Street session.
Bitcoin slipped as US stocks fell at the start of Tuesday’s Wall Street trading session, according to Cointelegraph.
Cointelegraph said the move places focus on a specific BTC support level near $78,300, which analysts warned must hold to prevent further downside.
The outlet also linked the broader risk tone to rising US crude oil, noting oil had reached a three-month high.
Latest closeWTI crude $90.70 ▲0.5%|Bitcoin $78,593.99 ▼0.7%
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