Bitcoin has dipped below the $80,000 mark. This pullback follows a strong rally and is influenced by rising geopolitical tensions. Investors are booking profits, and leveraged positions are being liquidated. Despite this, spot Bitcoin ETFs continue to see significant inflows, indicating ongoing institutional interest. The market is navigating a consolidation phase, with attention shifting to economic data.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets