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Bitcoin Still Below $100k For Now
Bitcoin prices are seeing better demand on Monday with the futures market having now clawed back around half of the losses suffered on Friday. Price action has been muted in recent sessions though has been drifting lower, with the market still below the key $100k mark for now. Despite the pullback from highs, interest in Bitcoin remains elevated. News that an increasing number of corporates have been buying into Bitcoin via ETFs is a bullish sign for the market. Institutional demand has been a key supporting factor for Bitcoin this year with smart money still anticipating a rally over the year ahead despite current ... (full story)
