Bitcoin Consolidation: Attempts to Break the $95K Barrier Falter
Bitcoin Consolidates Below $95,000 Amid Market Movements
As the crypto landscape continues to evolve, Bitcoin remains just beneath the pivotal $95,000 level. Recent attempts to surmount this barrier experienced mixed results, despite increasing interest in ETFs.
Leading altcoins like Ethereum, XRP, and Dogecoin follow suit, experiencing moderate losses. However, the overarching market capitalization of cryptocurrencies remains above $3 trillion, indicating underlying strength.
This ongoing consolidation phase may lead to more defined price movements, as traders and investors exercise caution while monitoring Bitcoinโs next moves.