Bitcoin Holds Below $84,000 Cost-Basis Level as Only Nine of 125 Top Tokens Rise

Bitcoin fell through $84,000 in two legs, first during the Asia session and again at the U.S. open, and has not reclaimed the level. A Bitfinex research note had called $84,000 the market's largest cost-basis cluster. Funding rates sat near zero across OKX and Deribit, with only nine of 125 top tokens rising.