BTC Trapped in a Bearish Zone; BAYC NFT Price Floor Falls
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Digital assets continue to flounder on Tuesday as volatility tightened its grip on the broader crypto market. Investors' concerns surged over the crypto market's liquidity following more troubling news related to Celsius' liquidity crunch and major borrowers in the space being bombarded by margin calls. As of the time of writing, BTC is consolidating losses near the $21k level after shedding 6.8% of its market value in the last 24 hours. The largest cryptocurrency by market cap is trapped in a bearish zone with a major resistance sitting near the $22.1k region.