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Bitcoin Holds Near $96,000 as Trading Volumes Stay Elevated Despite Weekly Decline
Bitcoin hovered near $96,243 with $48 billion in volume despite a 5% weekly drop, signaling strong trader participation amid volatile sentiment.
Bitcoin traded close to $96,243 over the past 24 hours with a substantial $48 billion in trading volume, signaling strong market activity despite a 5% weekly decline. Analysts noted that increased trader engagement reflects ongoing volatility ahead of macroeconomic data releases and shifting liquidity conditions across major exchanges. Market sentiment remains fragile, with risk appetite curbed by persistent global uncertainty and tightening liquidity in key regions.
Despite the downturn, institutional participation has remained stable, helping prevent deeper price erosion during the week.