Reported 1 day ago
Bitcoin's price rally has stalled as it fluctuates between $100,000 and $110,000 despite positive market conditions like spot ETF inflows and regulatory developments. Key selling pressure is attributed to short-term and long-term investors realizing profits, with miners also contributing to the selling. The market's stability is maintaining an equilibrium but could break out soon, while accumulating interest has slowed as investors diversify their portfolios amidst concerns about equity market performance.
Source: YAHOO