Bitcoin From $80,000 Level To $78,000: What's Leading Crypto To Lose Steam

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AI Fusion Summary

Bitcoin has declined from $80,000 to approximately $78,000 as market sentiment shifts from extreme greed to greed. Despite over $6 billion entering the market last week via strong Bitcoin ETFs inflows, the cryptocurrency faces a three-way macro test. Current market volatility is driven by yen weakness, Fed rate expectations, and the Iran strike. Traders are now closely monitoring key resistance and support levels to determine the future direction of crypto markets and ETF demand.
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