Bitcoin: Drops to $76,800 as $366M Liquidated

Bitcoin falls to around $76,800 while Ethereum drops to nearly $2,400, erasing $366.83 million in 24 hours and liquidating 83,488 traders as CLARITY Act passage odds collapse and oil prices stoke fresh inflation worries that could stall Fed rate cuts.

Bitcoin trades inside the Bollinger Bands at $76,968.07, wedged between lower support at $76,310.25 and upper resistance at $78,616.16, with the EMA50 at $77,850.69 capping upside and the EMA200 at $74,462.55 providing deeper floor; neutral RSI at 42.96 and MACD golden cross at -54.29 point to consolidation before any test of the 50-EMA resistance.