Data: If BTC breaks through $68,773, the total liquidation strength of mainstream CEX short positions will reach $1.759 billion.

XRP Holds $1.40 as Bitcoin Rally and ETF Inflows Lift Crypto Market

Key Insights XRP maintained support above $1.40 as the broader market rebounded, while strong inflows into Bitcoin ETFs helped restore trading confidence. Bitcoin surged beyond $74,000 alongside gains in major altcoins, lifting total crypto market value close to $2.45 trillion in one

Glassnode: Bitcoin selling pressure has eased, but institutional demand remains in the testing phase

PANews March 6 News, Glassnode posted on X platform analyzing that the outflow trend of Bitcoin spot ETF funds has stabilized. The 14-day net flow trend has turned upward, indicating that as Bitcoin breaks through $70,000, selling pressure is easing. Institutional demand remains in a tentative stage, but early signs of reaccumulation are beginning to appear.

These four charts indicate that the BTC price is forming a bottom.

Although Bitcoin (BTC) is currently trading 42% below its all-time high of $126,000, some technical signals suggest that the price range from $60,000 to $72,000 could become a significant support level, marking a new bottom before the market enters a sustainable recovery phase. The BTC price dropped sharply to

Capital flows into Bitcoin ETFs: After the US-Iran conflict, has BTC replaced gold as a safe-haven asset?

Bitcoin spot ETFs continue to attract capital inflows after the US-Iran conflict. Bloomberg analysts pointed out that since the incident, Bitcoin has risen by 12%, while gold has fallen, raising questions about gold's safe-haven status. Analysts emphasized that short-term price fluctuations should not be overinterpreted, as they may reflect changes in market sentiment and profit-taking.