$BTC is trading around ~$90,000, consolidating in a range roughly between $88K–$92K with relatively low volatility. This suggests a sideways phase where the market is waiting for a catalyst before deciding a clear direction.

🧠 Macro and Sentiment Drivers

Recent U.S. jobs data disappointed, reducing expectations of a near-term Federal Reserve rate cut, which often makes risk assets like BTC less enticing.

Profit-taking and weak risk-asset sentiment have also weighed on prices, contributing to short-term corrections. Large outflows from spot Bitcoin ETFs have pressured the market.

BTC

95,349.03

+0.61%

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