Bitcoin is hovering near the $68,000 level, with no clear macro or structural catalyst driving the broader crypto market.

Notable Statistics:

Coinglass data shows 93,334 traders were liquidated in the past 24 hours for $249.32 million.

SoSoValue data shows net inflows of $15.2 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $10.3 million.

In the past 24 hours, top gainers include Stable, MemeCore, and Nexo.

Notable Developments:

Trader Notes: CryptoQuant analyst Maartunn noted that major Bitcoin bottoms do not form instantly due to significant overhead supply.

Approximately 9.31 million BTC, about 46% of total supply, is currently held above the market…

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