Key points:Buyers are attempting to maintain BTC above the $66,500 level, but several analysts believe that the $60,000 level may crack.Some major altcoins risk breaking below their immediate support levels, signaling that bears remain in control.Buyers are attempting to push and maintain Bitcoin (BTC) above the $66,500 level, but are facing stiff resistance from the bears. Although recovery attempts are being sold into, the BTC supply in profit and loss metric suggests that BTC may be close to a bottom.CryptoQuant analyst “Darkfost” said that there are currently about 8.2 million BTC in loss, compared to roughly 10.6 million BTC during…

In brief Bitcoin miner MARA cut 15% of its workforce amid the firm’s shifting focus to AI. The layoffs, reportedly not due to financial constraints, follow its recent $1.1 billion Bitcoin sale. Shares in MARA finished Thursday up more than 8%, but are down 53% in the last six months. Publicly traded Bitcoin miner MARA has cut its workforce by 15% shortly after it sold $1.1 billion worth of the top crypto asset, the company confirmed to Decrypt following an initial report from Blockspace Media.Citing sources close to the matter, the publication reported that the cuts impact full-time employees across…

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