$BTC

Bitcoin fell by 1.45% in the last 24 hours, dropping to $94,132.64. Despite the decline, BTC remains up 0.65% over the past seven days, showing continued strength over a wider time frame. The cryptocurrency traded between $93,566.26 and $95,762.18, indicating mild volatility in a largely sideways market.

Trading volume followed a typical pattern after the weekend, increasing by 56.38% to $24.58 billion. However, the increased activity came with a decrease in market capitalization, which fell by 1.38% to $1.87 trillion. Bitcoin's dominance across the cryptocurrency market also dropped by 0.11 percentage points to 64.75%, suggesting that investors may be shifting some attention towards altcoins.

In the derivatives sector, open positions on BTC futures fell by 1.04% to $63.18 billion, indicating a slight cooling of speculative positioning. According to Coinglass, the total number of liquidations in the last 24 hours reached $697,890, with long positions accounting for $359,070 and short positions for $338,820. Relatively balanced liquidations between bulls and bears indicate indecision in the market as investors await stronger directional signals.