Bitcoin's trading volume has surged by over 51% in the past 24 hours, indicating increased market participation, but its price has remained relatively stable. Despite minor losses, Bitcoin is still priced at $96,752.07. The market capitalization has risen slightly, reflecting modest investor confidence. Bitcoin's dominance has dropped by 0.58% as traders shift their focus toward altcoins like Ethereum (ETH) following the Libra controversy. The futures market has seen increased speculation, with open interest rising by 1.42%. Bitcoin liquidations over the past 24 hours suggest that overleveraged bullish traders were caught off guard by the lack of upward momentum. Overall, Bitcoin's market outlook suggests ongoing uncertainty, with the possibility of increased volatility in the near future.



Other News from Today