BitMart has begun winding down its trading platform, becoming the fifth notable exchange to announce an exit in 2026 and the second in a matter of days.

Bitcoin broke down from its two-week rising channel on July 13, falling 1.4% to $62,860 while US forces struck Iran over the weekend, and the rejection at the 50-day moving average arrived before the Strategy disclosure and CPI print the market was supposedly waiting for.

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