Bitcoin Eases but Remains Attractive Amid Muted Volatility — Market Talk

Bitcoin edges lower, reversing some of the previous day's gains. Its moves are relatively small, however, and Saxo expects that investors will continue to buy the crypto currency. "On-chain data suggests continued institutional accumulation, with crypto volatility muted and carry trades attractive," Saxo analysts say in a note. Trump Media has filed plans with the Securities and Exchange Commission to launch a Truth Social Bitcoin ETF, similar to existing spot bitcoin funds. This is further evidence of "the crypto-politics crossover," Saxo says. Bitcoin falls 0.2% to last trade at $105,565. ([email protected])