Bitcoin steady at $111K as crypto market remains cautious
Bitcoin dropped 1% to $111,669 in a range-bound trade on Thursday. Meanwhile, Ethereum was trading at $4,021. According to experts, the crypto market is steady yet cautious as traders weigh whether it can reclaim the $115,000 zone.
“Futures expiry worth $22.6 billion is adding pressure, while sentiment remains divided after BTC dipped below $112,000 this week. Ethereum is battling for the $4,100 support as institutional demand contrasts with weaker retail flows,” said Avinash Shekhar, Co-Founder & CEO, Pi42.
Also Read | Explainer: Are SIFs too complex for first-time investors versus mutual funds?He further added that BNB has pulled back slightly after strong gains, while Dogecoin remains under watch as whales reportedly scooped up 2…
