Bitcoin (BTC) is down 0.5% on Monday, trading at $104,800 despite corporate firms Strategy and Metaplanet boosting their BTC holdings. Meanwhile, Hong Kong-based Reitar Logtech Holdings plans to purchase up to $1.5 billion worth of BTC to establish its Bitcoin treasury reserve.
Bitcoin (BTC) hovers above key support at $108,000. Analysts at Bitunix warn that a price crash could occur, citing the potential for a liquidity sweep below this level following last week's large-scale liquidations in BTC derivatives markets.
Ethereum (ETH) held steady above $2,500 on Tuesday despite investors stepping up their selling pressure with high profit-taking and loss realization activity.