Bitcoin Holds $83.5K as $268M Liquidated Across Crypto Markets
Bitcoin maintained its position around $83,511 while Ethereum rebounded slightly to $2,684, following U.S. PCE inflation data and ADP employment figures. Despite the macroeconomic support, the market remains in a consolidation phase, resulting in $268 million in total liquidations over 24 hours affecting 76,079 traders. The Fear and Greed Index rose to 74, indicating sustained market optimism despite the lack of immediate price breakouts.
Summaries are written by AI from the original article. Not investment advice.