Reported 2 days ago
As Asia commences its Wednesday trading, Bitcoin's price is hovering above $105.5K, showing resilience despite recent geopolitical tensions. Market data indicating a stable performance suggests that long-term investors are holding onto their assets rather than capitalizing on short-term profits, with significant institutional demand evidenced by $2.2 billion in net inflows to Bitcoin spot ETFs. However, increasing leveraged positions could lead to a volatile shift, raising questions about the market's future movements.
Source: YAHOO