Bitcoin’s price is currently at 114,000 USD, recovering from a 5% decline. The US witnessed 643 million USD in ETF outflows, marking the highest since April. Regulatory updates from SEC Chair Paul Atkins have not supported Bitcoin prices.
Despite fluctuations in interest, corporations continue to buy BTC. Notably, Metaplant’s purchase increased its holdings to 17,595 BTC, suggesting confidence amid market volatility. Analysts predict BTC could stabilize if it finds support around 111,980 USD.
Leave a Reply