$BTC has been experiencing a period of significant volatility. After reaching an all-time high, the cryptocurrency has seen corrections, influenced by a combination of macroeconomic factors, regulatory news, and shifts in investor sentiment.
Currently, BTC is trading within a key range, with analysts closely watching support and resistance levels. On the bullish side, increasing institutional adoption and the potential for new exchange-traded funds (ETFs) could provide upward momentum. Conversely, concerns about inflation, interest rate hikes, and global economic instability continue to weigh on the market.
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BTCUSDT
Perp
90,026.3
-2.56%