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Benzinga
Benzinga
Business
Murtuza J Merchant

Bitcoin Stuck Around $110,000: Is $105,000 Or $115,000 Next?

Bitcoin Glassnode
Bitcoin,Price,Falling,Down,Concept,,Digital,Cryptocurrency,On,Red,Bar

Bitcoin's (CRYPTO: BTC) market structure remains fragile, with bearish pressures dominating across spot, futures, and on-chain metrics, according to a Glassnode report.

What Happened: Despite brief relief from renewed ETF inflows, weakening demand, reduced profitability, and fading conviction across trading venues point to a defensive market stance.

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