Bitcoin (BTC) is down nearly 2% over the past 24 hours and again under $27,000 at $26,700 as buyers proceed to weigh the implications of the U.S. debt ceiling deal and final Friday’s robust employment report. U.S. inventory index futures are little-changed Monday morning following final week’s robust rally in equities. Laurent Kssis, crypto advisor at CEC Capital, sees bitcoin dropping under $26,000 this week. “With summer time getting nearer, no apparent catalysts, sellers should not preserving inventories and any massive promoting order might set off promoting stress,” he mentioned, noting that lengthy liquidations are at present triple these of brief liquidations.
