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Crypto

Bitcoin Holds Firm Near $77K Amid Inflation Jitters

Guavy AI Editorial Team
Instruments
BTC UNI CAKE
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Bitcoin's price remains above $77,000 on Monday as it sustains monthly gains of over 20%.

The technical outlook for Bitcoin is bullish as it holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment.

Decentralized Exchange (DEX) tokens Uniswap and PancakeSwap are emerging as top performers, with both maintaining a bullish near-term bias.

Uniswap trades above $5.00, sustaining its 9% gains from the previous day, while PancakeSwap hovers around $1.8100, holding well above its moving averages.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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