Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up (opens original article in a new tab)

Bitcoin and ether face potential short-term declines as liquidity decreases and market conditions remain volatile.

• Bitcoin and ether are approaching the lower end of their recent ranges.
• Options markets predict a 1.9% to 2.7% price swing for Bitcoin and Ether in the next 24 hours.
• Wintermute warns of a potential drop to $59,000 if current pressure continues.