Bitcoin short-term selling pressure spikes as analyst predicts historic capitulation

Bitcoin's BTC BTC - $68038.320 price experienced renewed selling pressure from short-term holders (STH) on March 6, after ending its six-week losing streak during the first week of March 2026.

Source: finbold.com

Related symbols: BTCUSD

2026-03-06 16:55:01 GMT.

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Price & Market Data

Price: $68038.320

Volume 24h: $41,548,431,693.02

Market Cap: $1,360,693,255,587.10

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,998,590. The last known price of Bitcoin is 70,474.4274769 USD and is down -2.81 over the last 24 hours. It is currently trading on 12571 active market(s) with $46,609,513,822.98 traded over the last 24 hours. More information can be found at https://bitcoin.org/.