Crypto Market Weekly Review: BTC Fluctuates at High Levels, Waiting for a Breakthrough
In the past week, the Bitcoin market performed relatively steadily. The price of BTC increased slightly by 0.77% from the beginning of the week at $108,386.44, closing at $109,217.98. The weekly high reached $110,590, while the low dipped to $105,119.70, with a price fluctuation of 5.05%. It is worth noting that BTC trading volume continued to shrink this week.
Although macro events remain key factors affecting BTC price trends, there have been no significant changes beyond market expectations this week. Developments in employment data, important legislation, and tariff policies have generally met expectations.
A large holder, who has been inactive for 14 years and holds over 80,000 BTC, began moving assets this week, putting some psychological pressure on the market. As the BTC price approaches historical highs again, long-term holders may start to reduce their holdings.
However, there are also