Bitcoin Holds Ground Above Key Moving Average Amid Institutional Demand
Bitcoin price has held onto recent gains above its 50-day Exponential Moving Average (EMA) at around $64,300 on Tuesday after rising 2.5% the previous day.
This comes as institutional demand picks up, with US-listed spot ETFs recording an inflow of over $137 million on Monday, signaling early signs of optimism.
However, persistent Middle East tensions continue to weigh on risk sentiment and could limit BTC's upside.