Key points:Bitcoin remains under pressure, and the downside might accelerate if the $65,118 level is breached.Several major altcoins are attempting a recovery, but the bears remain sellers on rallies.Bitcoin (BTC) bulls are attempting to hold the price above $67,000, but the bears have continued to exert pressure. A positive sign for the bulls is that select analysts believe BTC may be bottoming out.Analyst Jelle said in a post on X that all but one of BTC’s major bottoms had formed between the 200-week simple moving average ($58,371) and the 200-week exponential moving average ($68,065). BTC trading near the 200-week EMA…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1962.18, down 0.9% (-18.81) since 4 p.m. ET on Tuesday.One of the 20 assets is trading higher.Leaders: CRO (+0.1%) and UNI (-0.3%). Laggards: APT (-3.0%) and SOL (-2.5%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Read the full article here

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