Bitcoin holds near $77,700 as ETF outflows signal fading support at higher levels
Bitcoin remained near $77,700 as subdued selling and a tougher macro environment capped its recovery above $80,000. Analysts highlighted the upcoming US Federal Reserve decision, elevated volatility, and key support levels around $76,000 and $71,000. Meanwhile, mixed on-chain and retail sentiment signals suggested caution among crypto investors ahead of key events.
Bitcoin holds near $77,700 as ETF outflows signal fading support at higher levels
What Happened
Bitcoin remained near $77,700 as subdued selling and a tougher macro environment capped its recovery above $80,000. Analysts highlighted the upcoming US Federal Reserve decision, elevated volatility, and key support levels around $76,000 and $71,000. Meanwhile, mixed on-chain and retail sentiment signals suggested caution among crypto investors ahead of key events.
Key Details
Original reporting provided by Economic Times Markets.
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