The price is currently around $104,562, down about 2.65% for the day.

Retail investors seem to be gradually withdrawing: the number of active addresses has decreased, and the risk sentiment is rising. At the same time, flows from Bitcoin ETFs in the United States show consistent underperformance, indicating weakened institutional demand.

More concerning: some on-chain analysis models estimate that Bitcoin could target support around $98,500 if it breaks the current zones. The correlation with risk markets and an uncertain macroeconomic context (monetary policy of the Federal Reserve) adds to the volatility. For crypto enthusiasts, this serves as a reminder that adoption and usage remain key — a relevant message for a project like Polygon: it’s not just the price that matters, but the ecosystem and real demand.

$BTC #bitcoin