Crypto Price Today: Bitcoin holds above $60k but down 1.5%. Ethereum, BNB, Solana, Dogecoin, others fall up to 4%
Bitcoin traded with weakness on Thursday amid selling pressure though it managed to hold on above the $60,000 mark. World’s most expensive crypto asset was in a consolidation mode as inflows in BTC ETF’s salvaged some pride. It was trading at $60,659.83 around 12 pm India time, down by 1.5%.
Other major crypto coins also traded with a negative bias. Among them were Etehreum, BNB, Solana, XRP and Dogecoin, Cardano and Shiba Inu which were down by up to 4% around this time.
Altcoins Tron, Avalanche and Toncoin were trading in the green and gained up to 1.2%.
Source: CoinMarketCap
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Selling pressure in BTC has decreased amid heightened trading activity with majority of orders on exchanges being floated by buyers according to Taker Buy-Sell Ratio which is now above 1, Vikram Subburaj, CEO, Giottus Crypto Platform, said, adding that crypto’s Fear & Greed Index has rebounded to 40 after hitting a yearly low of 30 on Tuesday.
BTC surged to $62,322 supported by inflows of $31 million in US spot bitcoin ETFs, which offset recent outflows, Sathvik
