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  • 7 weeks ago
Bitcoin slipped under $90K as traders reduced risk ahead of key data. BTC ETFs saw inflows while ETH ETFs posted outflows. Analysts say BTC is consolidating near resistance and ETH has reclaimed support, with Solana, XRP, and Dogecoin moving around key technical levels.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bitcoin traded below $90,000 on Monday as investors reduced risk ahead of key jobs and
00:07inflation data this week, according to Benzinga. Bitcoin ETFs posted $49.2 million in net inflows
00:14on Friday, while Ethereum ETFs saw $19.4 million in net outflows. Michael Van de Papy said Bitcoin
00:21swept Sunday's lows, rebounded, closed the CME gap, and is consolidating near resistance at $90,000.
00:28Crypto trader Gel said Bitcoin is trading sideways near the monthly open after printing a new local
00:34lower low, increasing pressure on bulls. Gel added that Ethereum has reclaimed a key support zone.
00:40Analysts also highlighted technical levels for Solana, XRP, and Doecoin as the meme coin
00:46sector underperformed. For all things money, visit Benzinga.com.
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