BTC Holds Steady Amid $900M Institutional Inflows
The price of Bitcoin (BTC) has been steady at around $79,724, showing a slight decline on the day and closing near its session low.
According to TradingView, BTC's current price is below its short-term moving average but remains above key medium- and long-term averages, creating a mixed setup across timeframes.
In related news, spot Bitcoin ETFs have attracted over $900 million in inflows over the past two days, significantly increasing market liquidity and institutional participation.