Bitcoin hovers near $75,400 as recovery momentum weakens below key resistance

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Bitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Ethereum and major altcoins also experienced declines. Market sentiment has shifted to extreme fear. Experts suggest Bitcoin needs to reclaim higher levels for a stronger recovery. Global crypto market capitalization has edged down. Geopolitical concerns and ETF outflows are impacting prices.