Bitcoin Falls 2.3% to $71,200 After Rejection at $73,000–$75,000 Resistance

Bitcoin fell about 2.3% to roughly $71,200 on Thursday after failing to sustain a move above $73,000 earlier this week, with the asset rejected at a key resistance zone between $73,000 and $75,000, market data show. Trading volume dropped around 6.4% over 24 hours, signaling reduced buying interest as short-term holders took profits and the market entered consolidation. The decline came alongside broader weakness in digital assets, with total crypto market capitalization slipping roughly 1.9% to about $2.42 trillion and major tokens including Ethereum and XRP posting modest losses. Analysts are monitoring support near $69,600 and $67,300, while noting that signals from the March 18 Federal Open Market Committee Meeting could influence Bitcoin and other risk assets.