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Home Cryptocurrency

Bitfinex Analysts: Bitcoin Faces Fragile Standoff as Institutional Demand Cools

by theadvisertimes.com
7 months ago
in Cryptocurrency
Reading Time: 1 min read
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Bitfinex Analysts: Bitcoin Faces Fragile Standoff as Institutional Demand Cools
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Bitcoin’s January rally has lost traction, with the leading cryptocurrency retracing more than 10% from its mid-month peak as institutional demand softens and exchange-traded fund (ETF) flows turn decisively negative. Bitcoin Range Holds as ETF Redemptions Weigh on Market Confidence According to Bitfinex’s latest Alpha report, bitcoin failed to sustain a breakout above the $95,000–$98,000 […]



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