Bitcoin fell below the $85,000 level on Monday as market sentiment weakened amid rising speculation over a potential rate hike in Japan.  

Notable Statistics:

Coinglass data shows 266,362 traders were liquidated in the past 24 hours for $961.73 million.        

In the past 24 hours, top losers include Zcash, SPX6900 and Celestia.

Notable Developments:

Trader Notes: Altcoin Sherpa expects Bitcoin to bottom somewhere in the $75,000–$85,000 range, the same high-volume region that supported price during the February–April 2025 correction.

He views it as a strong area for beginning long-term scaling, though warns the process may take time.

Daan Crypto Trades noted BTC is getting…

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