Reported 1 day ago
Bitcoin's momentum toward a $100,000 milestone is slowing, leading to skepticism among bullish investors. While institutional buying remains strong, interest is shifting toward other cryptocurrencies like Ether and XRP. Recent data shows record inflows into Bitcoin and Ether ETFs, although profit-taking is evident as traders realize gains. The crypto options market also reflects cautious sentiment, with volatility diminishing. Concerns arise as significant amounts of Bitcoin are moved from government wallets, potentially impacting market prices.
Source: YAHOO