Bitcoin has reclaimed $92,000 as Congress approached the SEC for approving the inclusion of Bitcoin and other cryptocurrencies in 401(k) retirement plans.

Bitcoin ETFs saw $77.3 million in net outflows on Thursday, while Ethereum ETFs reported $42.4 million in net outflows

Market Commentary: Michael van de Poppe noted that Bitcoin remains highly volatile due to thin liquidity, producing sharp swings in both directions.

Even so, the market is forming higher lows, indicating an emerging uptrend that could lead to a breakout in the coming days or weeks.

He added that the most recent sell-off looked more manipulative than organic, and price action appears to be stabilizing as selling pressure…

Read more on Benzinga