Bitcoinis trading around $87,000 on Tuesday morning, with jitters in the stock market on Monday sending cryptocurrencies into a tailspin.

Notable Developments:

Trader Notes: Crypto chart analyst Ali Martinez said Bitcoin is at a critical inflection point. Holding above $87,000 keeps the broader structure intact, while a breakdown raises the risk of a deeper move toward the $70,000 region.

Ted Pillows noted that open interest is rising as both longs and shorts enter the market, but buyer momentum is weakening.

The Coinbase premium has flipped negative, signaling fading spot demand and increasing the odds of a pullback toward the $84,000–$85,000 support area.

Daan Crypto Trades pointed out…

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