Bitcoin slips under $66,000 after $68,000 spike as War Department briefing looms
Bitcoin (BTC) moved back below $66,000 on Tuesday after briefly pushing above $68,000, a move some analysts described as a bull trap. Spot-market CVD commentary suggested late buyers were quickly underwater, while a negative Coinbase Premium was cited as another warning sign. The pullback came ahead of an 8 a.m. Eastern press briefing by US Secretary of War Pete Hegseth, with WTI crude having traded above $106 earlier in the week.