Bitcoin Steadies Around $92K as Sellers Back Off, but Strong Buying Has Yet to Return
Bitcoin’s price is holding close to the $92,000 level after recent selling pressure slowed down. However, overall demand is still soft. The market continues to show weakness, especially with short-term traders making up most of the active supply.
In the U.S., ETF inflows have finally turned positive again, hinting at a bit of renewed confidence. Still, on-chain usage remains very low compared to previous cycles, suggesting that fresh capital is not flowing in strongly yet.
Both Bitcoin and Ether have seen prices rebound thanks to spot market buying and improved market sentiment. Meanwhile, gold is supported by economic data from the U.S. and expectations that the Federal Reserve may cut interest rates.
