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Bitcoin range-bound amid geopolitical and macro uncertainty
The Block·
Bitcoin's price is currently fluctuating around the $66,000 mark, influenced by ongoing geopolitical tensions and broader macroeconomic uncertainty. While U.S. spot Bitcoin ETFs saw modest net inflows of $69.4 million on March 30, the overall market sentiment remains fragile as the first quarter concludes. Analysts suggest that low liquidity and lingering conflict risks are contributing to a compressed trading range between $66,100 and $68,500. Ether also experienced a similar pattern, trading near $2,000 after giving back some of its recent gains.
Tags
crypto
macro
Original Source
The Block — theblock.coRelated in Fintech