Bitcoin Consolidates Below $77,500, Leverage Cools and Volatility Narrows

BroadChain, April 24, 19:16, according to CoinDesk, Bitcoin (BTC) is narrowly fluctuating below $77,500, with open interest declining, indicating a cooling of market momentum. Traders are accelerating deleveraging, and volatility is simultaneously decreasing.

Altcoins are showing divergent performance, with Zcash (ZEC) bucking the trend to attract new long capital inflows, becoming one of the few assets to receive bullish bets. Overall market sentiment is turning cautious, with funds withdrawing from high-leverage positions.