Bitcoin (BTC) trades around $110,500 on Wednesday, down 2%, amid insights that recent record liquidations signal a market reset without affecting fundamentals. Hence, paving the way for a potential structural recovery ahead.
Bitcoin (BTC) price rebounds to $115,000 on Monday, following a turbulent price drop on Friday, with BTC reaching a low of $102,000.
Bitcoin (BTC) price holds around $121,000 on Wednesday, following a drop the previous day. At the same time, Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and corrected 5% and 4%, respectively, trading below their key support levels, hinting at further downside pressure.