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Bitcoin remains locked in range as stocks hit fresh highs

FxPro says a drop below $84,000 would shift control to sellers and put $80,000 back in play, as minutes from the Fed’s last meeting arrive Wednesday.

Reported · Written up by our desk · Market Structure

Bitcoin is holding a trading range as equities extend their rally to another new record high, according to CoinDesk’s live market updates.

FxPro said the market outlook depends on whether Bitcoin can stay above $84,000, warning that a slide below that level would hand control to sellers and bring the $80,000 area into focus.

CoinDesk also noted that minutes from the Fed’s last meeting are set to be released Wednesday, highlighting an upcoming macro catalyst for crypto and broader markets.

Latest closeBitcoin $81,660.31 ▼1.9%

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