datastreet.in

Bitcoin trades above $81K signalling shift in sentiment, market awaits clear breakout

Bitcoin surged past $81,000, driven by strong institutional demand and short-covering, though experts caution it’s not a clean breakout yet. While demand remains robust, significant profit-taking was observed, with Bitcoin holders realizing substantial gains. The cryptocurrency’s move above $80,000 signals a shift towards risk-on momentum in the broader crypto market.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *