From The Economic Times · Surbhi Khanna · · 50s
Bitcoin near $84,000, Ethereum near $2,700
Bitcoin holds $84,580 as buyers remain active despite restrictive global funding.
In brief
Bitcoin holds $84,580 as buyers remain active despite restrictive global funding. Bitcoin trades near $84,580 and Ethereum near $2,680 with buyers active amid restrictive global funding conditions. Originally reported by The Economic Times.
Bitcoin price
Bitcoin trades around $84,580 mark as buyers remained active.
Ethereum price
Ethereum moves towards $2,680 mark with support near $2,670-2,680.
Market performance
Bitcoin and Ethereum down 1.6% and 1.5% in past 24 hours.
Altcoins correction
Major altcoins corrected up to 3.1% including BNB and Dogecoin.
Market capitalisation
Global crypto market capitalisation down 1.6% to $2.97 trillion.
Expert analysis
Nischal Shetty notes crypto ETFs recorded $1.9 billion net inflows.
Technical analysis
Bitcoin rejected $86,000-87,200 supply zone, retreating to $84,500.
The essence
Bitcoin trades near $84,580 and Ethereum near $2,680 with buyers active amid restrictive global funding conditions.
