Bitcoin rose about 2% and traded near $70,000 as the crypto market remained mixed. Other major assets showed a variety of moves, with some tokens extending gains while others gave back some of yesterday’s bounce.
Whales were buying Bitcoin and Ethereum again, while Binance Coin was largely absent from the accumulation. Market data indicate activity was concentrated among a few leading names as volatility persisted.
Yesterday’s rally saw some coins spike, but today Bitcoin slid about 2% to around $69,000. Ripple climbed roughly 3% as traders weighed risk appetite.
Trading volumes remained elevated as market participants digested macro cues and regulatory chatter. Overall, the crypto space remains volatile as investors rotate between risk-on and risk-off assets.
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