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Bitcoin Quietly Supported by Buyer Interest — Market Talk
By Exbasi Intelligence
Sourced from Dow Jones Newswires
Bitcoin stays rangebound above $60k, trading up 0.4% to $63,697, according to LSEG data. Trading volumes are light, says analysts with Bitfinex in a note, but roughly 50% of BTC holders are back to being profitable. From here, how macroeconomics develop going forward looks to be the main driver for how bitcoin moves, says Bitfinex. "The current environment can help and hurt at the same time," says the firm. Ethereum is down 1.1% to $1,862, XRP is up 0.2% to $1.08, and solana falls 0.2% to $73.53. ([email protected])