Bitcoin has fallen to around $91,000 as profit-taking persisted. As of 10:00 a.m. local time, Bitcoin was trading near $91,000, down 1.54% from the prior session, according to CoinMarketCap. Over the past week, Bitcoin had gained about 4.15%, signaling a pullback after a recent rally.
The Crypto Fear and Greed Index from CoinMarketCap stood at 43, indicating neutral sentiment, down from 49. Institutions shifted to a net-seller stance after two consecutive days of buying that totaled about $11.685 billion, with net selling of about $243.2 million on the 6th, according to CoinMarketCap.
Bitcoin briefly rose to around $94,000 on the 6th before turning lower. The move underscored profit-taking after the latest bout of strength.
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