TL;DR
- Bitcoin failed again in the $70,000 zone, briefly touched $72,000, and pulled back toward the $68,000–$69,000 range after several unsuccessful rebound attempts.
- The correction that began in late January pushed BTC from $90,000 down to $60,000 in less than 200 hours, followed by a rebound toward $72,000.
- Bitcoin ETFs recorded $145 million in inflows and Ethereum ETFs added $57.05 million, while the total crypto market capitalization remains stable near $2.36 trillion.
Bitcoin once again ran into resistance around the $70,000 area and retreated toward the $68,000–$69,000 range after several failed recovery attempts in recent days. The price briefly reached $72,000 over the weekend but failed to hold that level and slipped back below the psychological threshold.
The move follows a sharp correction that began in late January. Bitcoin was trading near $90,000 on January 28 and dropped to $60,000 by the following Friday, marking its lowest level in more than a year. The decline amounted to a $30,000 drop in less than 200 hours. After that low, BTC rebounded and recovered $12,000 in under a day, although the advance stalled in the $71,000–$72,000 zone.
Bitcoin is currently holding near $69,500 with a marginal change of +0.35% and has recorded $249.25 million in liquidations over the past 24 hours. Its market capitalization stands at around $1.39 trillion, while its dominance over altcoins is close to 57%. The total crypto market value remains stable at approximately $2.36 trillion.
Bitcoin and Ethereum ETFs Post Inflows
On the institutional side, Bitcoin ETFs recorded net inflows of $145 million on Monday. Ethereum ETFs added another $57.05 million over the same period. These flows occurred despite prices remaining range-bound.
Ethereum is trading just above $2,000 after a daily decline of around 1.5%. XRP is hovering near $1.41 and fell 2.5%, while Solana is trading around $84 with a 1% decline. Dogecoin is holding near $0.093 and slipped 1.6%. TRON shows no variation and trades at $0.278. Finally, BNB is sitting just above $620 after a 1.2% drop.
Taken together, the data point to a sideways market, with limited recovery attempts in Bitcoin, isolated moves among altcoins, and institutional activity concentrated in ETFs that has yet to translate into broader market traction.
