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Bitcoin is stuck below $90K until these market conditions improve

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 11 Views

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.Β 

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