Bitcoin moved swiftly above $74,000 on Tuesday, buoyed by strong institutional demand and improving sentiment.

Notable Statistics:

Coinglass data shows 110,029 traders were liquidated in the past 24 hours for $385.31 million.

SoSoValue data shows net inflows of $201.6 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $35.9 million.

In the past 24 hours, top gainers include Kaspa, DeXe and MemeCore.

Notable Developments:

Trader Notes: CryptosBatman warns that both macro and technical factors are aligning bearishly for Bitcoin. With the upcoming FOMC meeting, he expects potential downside as BTC approaches a strong resistance zone, increasing the…

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