Bitcoin Price Steadies Near $71,000 as Momentum Slows Despite Rising Retail Demand
NDTV
Bitcoin holds steady as accumulation rises but momentum weakens
Bitcoin holds steady as accumulation rises but momentum weakens Bitcoin traded near $71,000 on Thursday, showing a pause in momentum despite improving global sentiment and rising retail accumulation. While easing geopolitical tensions supported prices, analysts noted that weak spot volumes and inconsistent ETF flows indicate limited conviction. Altcoins remained under pressure, with investors closely watching macroeconomic data for a clearer near-term direction.
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