Bitcoin Faces Resistance At $94,000 As ETF Outflows Trigger Profit-taking

Bitcoin’s recent upward momentum stalled on Wednesday after the cryptocurrency encountered strong resistance near the $94,000 level, amid rising exchange-traded fund (ETF) outflows and widespread profit-taking by institutional investors. The total cryptocurrency market capitalization declined by approximately 2% over the past 24 hours, while trading activity picked up sharply. Market-wide trading volume surged by about … Continue reading Bitcoin Faces Resistance At $94,000 As ETF Outflows Trigger Profit-taking