Bitcoin Holds Near 30-Day Low Amid Cautious Institutional Flows
Bitcoin's price held near its 30-day low of $76,429 due to cautious institutional flows into spot BTC ETFs like BlackRock IBIT and Fidelity FBTC. The total crypto market cap fell by 2.6% to $2.64 trillion with a trading volume of $89 billion, showing steady participation but weak conviction.
Despite Bitcoin's dominance at 58.4%, some altcoins like XDC and XLM gained modestly, contrasting with heavy losses in FIL. The stagnation near the low signals investor caution amid a high Fear & Greed Index of 69 and may lead to further declines unless ETF inflows increase sharply soon.