Bitcoin Price Falls Below $71K as Ethereum and Dogecoin Retreat Amid Market Resistance

The cryptocurrency market experienced a pullback as Bitcoin (BTC) dropped below the $71,000 threshold. Major altcoins, including Ethereum (ETH) and Dogecoin (DOGE), also saw significant declines. This downward movement signals a pause in the recent rally, which had been fueled by geopolitical tensions and macroeconomic uncertainty. Analysts point to strong resistance levels that have halted the upward momentum, leading to profit-taking by investors. Market sentiment is now shifting as traders assess the sustainability of the previous gains. The focus turns to key support levels for Bitcoin and whether the broader market can regain its bullish trajectory in the coming days.