Bitcoin Surpasses $91,300 Amid Central Bank Speculation
- Bitcoin traded just above $91,300, up over 6% in the past week.
- Ether increased by 3%, reaching approximately $3,135, with a weekly gain of over 10%.
- BNB rose by about 1%, while XRP saw a slight uptick to around $2.08.
- CryptoQuant’s Bull Score fell to zero for the first time since early 2022, indicating bearish sentiment.
- K33 Research highlighted potential future inflows into Bitcoin from expected retirement rule changes by early 2026.
The cryptocurrency market is currently influenced by macroeconomic factors and upcoming central bank decisions, particularly from the Federal Reserve regarding interest rates. As Bitcoin shows resilience above $91,300, analysts are monitoring its performance closely amid cautious market sentiment.
With Bitcoin rising over $91,300 and Ether gaining more than ten percent this week, traders are assessing broader economic conditions and liquidity trends in the crypto space. (Source)
