Bitcoin is currently trading within a narrow range of $90,000 to $105,000, indicating the potential for significant price movement in the near future. Despite recent volatility, on-chain data suggests that investors remain confident and accumulation of Bitcoin is strong. The broader crypto market has also been affected, with minimal changes in total capitalization in the past 24 hours. While Bitcoin has been relatively stable, the number of Bitcoin millionaire addresses has sharply declined since Donald Trump's second term began. Various factors, including macroeconomic events and uncertainty surrounding Trump's stance on cryptocurrencies, have contributed to the crypto market's challenges.



Other News from Today