Crypto Market Update: Bitcoin Holds at $71,000 as Ethereum, XRP, and Dogecoin See 3% Losses
Bitcoin is trading at $71,000 as global markets weaken amidst geopolitical uncertainties.
Bitcoin ETFs recorded $124.6 million in net outflows on Wednesday, while Ethereum ETFs saw $18.6 million in net outflows.
|
|
Ticker |
Price |
|
Bitcoin |
(CRYPTO: BTC) |
71,182 $ |
The meme coins market capitalization has dropped by 3.5% to $33.8 billion in the past few hours.
Traders’ Comments:
Analyst Titan of Crypto noted that Bitcoin is approaching a crucial inflection point, with a bullish weekly MACD crossover aligning with a potential structural breakout. However, there is still a risk of rejection or a false breakout before any sustained upward movement.
This article was written in English and translated to French by an AI. For corrections, please contact corrections@benzinga.com.
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