Bitcoin price today: Bitcoin slipped below $110,000 amid profit booking, while altcoins declined up to 5%, reflecting cautious sentiment. Despite short-term weakness, institutional interest remains strong with steady ETF inflows and major purchases. Analysts view the dip as consolidation, with BTC support at $105,200 and resistance at $111,000. Market watchers are also eyeing regulatory developments and FTX-related liquidity events.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets