Bitcoin Struggles Near $90K Amid Market Declines, but Strong Momentum Builds in a Booming Presale
The post Bitcoin Struggles Near $90K Amid Market Declines, but Strong Momentum Builds in a Booming Presale appeared on BitcoinEthereumNews.com.
Crypto volatility rises as Bitcoin nears $90K and Ethereum trades near $3K, while MAGAX gains momentum through a rapidly growing presale. The global crypto market remains under heavy selling pressure as multi-week declines reshape investor expectations across all major assets. Market capitalization has fallen by more than one trillion dollars, signaling a major shift in risk appetite among traders worldwide. Investors are now rebalancing portfolios, reducing leverage, and preparing for extended volatility as macroeconomic forces continue to dominate market behavior. The downturn has sparked a renewed focus on caution, stability, and early-stage opportunities unaffected by daily price swings. Bitcoin Struggles to Hold Support Near the $90K Level Bitcoin has attempted several rebounds after falling toward the eighty-thousand-dollar region, but each recovery has quickly lost momentum. At present, Bitcoin is hovering around $90,000, showing ongoing difficulty breaking through resistance levels with confidence. Analysts highlight Bitcoin’s increased sensitivity to global macroeconomic indicators as a key catalyst for its instability. As interest rate expectations, inflation data, and institutional selling continue influencing sentiment, Bitcoin’s price direction remains uncertain. Source: CoinGecko – Bitcoin Ethereum and Other Altcoins Face Even Heavier Pressure Ethereum also continues to struggle, currently trading near $3,000 after sharp declines driven by weak liquidity and risk-off behavior. ETH’s inability to sustain upward momentum has placed additional pressure on altcoins across the broader market. Many alternative cryptocurrencies have suffered double-digit losses, especially those lacking clear fundamentals or meaningful utility. However, this downturn is also revealing which projects possess genuine strength, as tokens with innovation and transparency show greater resilience. Source: CoinGecko – Ethereum MAGAX Gains Attention as Investors Shift Toward Early-Stage Stability As major cryptocurrencies weaken, investors are increasingly seeking presale opportunities insulated from unpredictable daily market movements. MAGAX has emerged as a strong contender thanks to its structured presale design and consistent momentum despite market turbulence.…
