Bitcoin is holding stable around $88,000 as institutional demand continues to prefer metals over cryptocurrencies.

Notable Statistics:

Coinglass data shows 129,968 traders were liquidated in the past 24 hours for $569.98 million.       

In the past 24 hours, top gainers include, Pump.fun, River and Hyperliquid.

Notable Developments:

Trader Notes: Cold Blooded Shiller noted that Bitcoin’s recent attempt at a range breakout has failed, putting the broader range under its most serious pressure in nearly two years.

Despite this, price remains in consolidation, and historically, similar setups have often preceded a major directional move.

Byzantine General echoed that view, adding that…

Read more on Benzinga