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Bitcoin slides toward $70,000 as on-chain data flags bear market and traders bet Fed holds in April: Asia Morning Briefing
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin's price is declining towards $70,000 due to on-chain data indicating bear market conditions and traders' bets on the Federal Reserve holding interest rates in April.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.
Original article published by
CoinDesk
on February 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.