The crypto market capitalization has dipped to 2.95 trillion USD, dropping by 0.8% in the last 24 hours and 1% over the past week. Bitcoin’s price fell below 95,000 USD after briefly exceeding 98,000 USD, encountering strong resistance in the process.
Significant net inflows of 1.81 billion USD into spot Bitcoin ETFs highlight ongoing interest in BTC investments. Fidelity indicates a shift in Bitcoin sentiment towards optimism despite price corrections, while Glassnode warns of potential sell-off risks as Bitcoin nears 100,000 USD.
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