Bitcoin holds firm as ETF inflows continue: analysts assess rally's strength
Bitcoin
Bitcoin (BTC) rose slightly on Wednesday as investors assessed whether its strong third-quarter rally could extend amid a sharp slowdown in speculative futures demand and increased profit-taking. Bitcoin gained 0.4% to above $83,400 during Asian trading hours, remaining below its eight-month high of around $87,400 hit earlier this month. The broader cryptocurrency market was valued at roughly $2.95 trillion, up 0.3% over the previous 24 hours. The rally is now facing a key test of whether fresh demand can offset a sharp cooling in speculative activity.
BTC
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