Bitcoin is stuck below $90K until these market conditions improve
Bitcoin holds near $87,000 as on-chain activity and exchange inflows fall, signalling tight liquidity and looming volatility.
While Bitcoin (BTC) continues to hover near $87,000, onchain activity and exchange liquidity metrics suggest that the market is operating in a low-participation period, limiting its move above $90,000.
Key takeaways:
Bitcoin traded near $88,000 as network activity fell to yearly lows, alongside a reduction in sell pressure.