BTCUSD

Bitcoin Price Drops After Rejection at $110K Amid Unusual On-Chain Activity

Bitcoin’s price is drifting lower today, trading just above $107,400 at the time of writing after declining by 2.4%. The coin had after briefly touched $110,000 earlier in the session, and the drop reduces the prospect of retesting the all-time high price of $112k during the weekend. However, that decline was not driven by panic…

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BTCUSD

Bitcoin Holds $105K Support On Strong Institutional Inflows, Exchange Outflows

Bitcoin price is holding off pressure, staying above $105k for the second successive session. The BTCUSD pair traded at $105,035 as of this writing, having inched up by 0.1%. The Middle East conflict is preventing investors from placing aggressive bets amid concerns over potential escalation. Institutional purchases have helped the coin stay afloat, with Bitcoin…

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