BTC drops below 66,000 USDT

Data: If BTC breaks through $69,657, the total liquidation strength of long positions on mainstream CEXs will reach $1.426 billion.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $69,657, the total liquidation strength of long positions on major CEXs will reach $1.426 billion. Conversely, if BTC drops below $63,309, the total liquidation strength of short positions on major CEXs will reach $658 million.

Analyst: BTC Range Tightening Could Trigger Strong Momentum Move

_OG coin remains compressed between $66K and $72K, with steady positioning increasing the odds of a sharp breakout move._ Bitcoin is rotating within a defined bracket, and pressure is building. Sellers keep rejecting moves near $72,000, while buyers defend the $66,000 area. According to

Bitcoin Bottom Signal That Preceded a 1,900% Rally Flashes Again

Bitcoin’s on-chain signals have shifted in a way that several researchers say signals capitulation could be underway, potentially setting the stage for a cycle bottom. The most studied metric — the short-term holder stress — has sunk to levels not seen since the late-2018 bear market trough,

Ledn sells $188 million Bitcoin-backed bonds

Ledn completed a $188 million Bitcoin-backed securitized bond issuance, consisting of two tranches, with the investment-grade portion 335 basis points above the benchmark rate. The bonds are collateralized by approximately 4,078.87 Bitcoins, with a S&P Global rating of BBB-. Jefferies Financial Group was responsible for the issuance.