Bitcoin Holds Above 71K as Exchange Outflows Signal Accumulation
Bitcoin holds near $71,608 with exchange outflows climbing and whale wallets absorbing supply, signaling quiet but firm accumulation pressure.
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Bitcoin holds near $71,608 with exchange outflows climbing and whale wallets absorbing supply, signaling quiet but firm accumulation pressure.
BTC trades near $70,805 with $71,772 as the first upside test, while short-term support holds near $70,617.
Bitcoin dropped to $70,900 on Sunday after Trump announced a Strait of Hormuz blockade, extending a pullback from $73,000 highs as geopolitical risk
The Ether Machine and Dynamix Corporation have mutually terminated their $1.6B SPAC deal, citing unfavorable market conditions, with a $50M breakup fee
BTC trades near $71,667 with $73,440 as the first upside test, while short-term support holds near $71,561.
Bitcoin pushed back above $73,000 Thursday as funding rates flipped positive, options skew recovered, and institutional flows reinforced a sharper shift
Bitcoin dipped 0.53% to $71,229 on April 9 as exchange outflows picked up pace, whale wallets expanded holdings, and ETF demand remained cautiously firm.
ETH trades near $2,092.57 with buyers defending $1,939.53, while $2,172.99 remains the first upside test.
Spot Bitcoin ETFs logged their strongest daily inflow since late February on April 6, with $471.32 million pouring in and not one fund recording net
Bitcoin steadies near $67,049 as on-chain data reveals accelerating exchange outflows and renewed whale activity, suggesting accumulation beneath a calm