Bitcoin edged higher as easing geopolitical and inflation concerns improved risk sentiment, while analysts pointed to growing conviction among long-term holders. With a record share of BTC supply held for more than five years, traders say tightening available supply could support higher prices.
Bitcoin is trading sideways against the backdrop of lower oil prices and ongoing negotiations between the United States and Iran.Notable Statistics:
Coinglass data shows 82,705 traders were liquidated in the past 24 hours for $330.36 million.
SoSoValue data shows net outflows of $90.7 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $12.8 million.
In the past 24 hours, top gainers include DeXe, Celestia and OKB.
Bitcoin fell below $76,000 on Tuesday as a lack of positive geopolitical developments contributed to risk-off sentiment.
Bitcoin held near the $77,000 region as easing geopolitical tensions surrounding U.S.-Iran negotiations helped crypto sentiment…
Bitcoin traded around $74,000 on Friday as improving regulatory sentiment helped stabilize crypto markets.
Bitcoin trades around $77,000 as rising Middle East tensions weigh on sentiment. Bitcoin ETFs saw $105.2 million in net outflows…
Bitcoin is down as renewed U.S. strikes on Iran and heavy spot ETF outflows triggered broad risk-off selling across crypto…
Bitcoin rebounded from recent lows but remains below $62,000 as Fidelity recorded its largest Ethereum purchase in two months,…
