Bitcoin Price Dips as Prediction Markets Cast Doubt on All-Time High
The price of Bitcoin (BTC) has been experiencing fluctuations in recent times. According to prediction markets, there's a 94% chance that BTC won't hit its all-time high this year. The current live price is $76,664, with a 24-hour low of $76,454 and a high of $78,382.
The Bitcoin Live Price indicates a decrease of 1.79% in the last 24 hours, with a trading volume of $1.0B. Prediction markets have been pricing entry and exit levels for BTC, indicating that investors are cautious about its future performance.
Bitcoin ETFs have seen significant net inflows, with a total of $55.1B since inception. However, in the last 24 hours, spot Bitcoin ETFs shed $236.5M, suggesting a bearish sentiment among investors.