Breaking Updates about Bitcoin,Bitcoin is currently trading around $89,768.44, with a 0.09% increase in the last 24 hours. The cryptocurrency has seen significant volatility, dropping below $90,000 amid geopolitical tensions and institutional outflows ¹ ² ³.
*Recent News:*
- _Geopolitical Tensions_: Bitcoin's price fell due to escalating US-EU tensions over Greenland, triggering a 6.5% weekly drop.
- _ETF Outflows_: US spot Bitcoin ETFs saw $1.22 billion in withdrawals, indicating waning institutional demand.
- _Developer Activity_: Bitcoin's core software is evolving, with 135 developers contributing code in 2025, a 35% yearly increase.
- _Quantum Computing Risks_: Bitcoin's long-term viability is threatened by quantum computing, with 25% of the supply vulnerable ² ⁴.
*Market Sentiment:*
- Analysts predict prolonged consolidation, with Bitcoin's on-chain structure appearing fragile.
- Some see a potential upside, with Bitcoin approaching a critical resistance zone near $96,000-$99,500 ⁵ ⁴.
Would you like to know more about Bitcoin's price predictions or the impact of geopolitical events on cryptocurrency markets?
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