BTC 24H QUA
+ Opened around $106,448, currently trading at ~$107,623, up about +1%
+ Daily trading range: lowest ~$106,055 and highest ~$108,206
+ 24h trading volume at ~$50–52 billion USD.
📰 News & driving factors affecting
+ FHFA moves toward accepting crypto: Director William Pulte requests Fannie Mae and Freddie Mac to prepare to accept crypto assets in mortgage approvals, pushing BTC price above $107,000, up ~2.2% in 24 hours
+ Slight increase in market risk sentiment: Reduced concerns over Middle East conflict + general interest rate cut prospects support capital flow into risk assets, including bitcoin.
📊 Technical analysis & sentiment
+ Analysis on CoinDesk shows BTC outperforming the CoinDesk 20 survey index with a higher increase (2.2% compared to ~0.5%) coindesk.com.
+ Cognac indicates social sentiment remains somewhat weak, on-chain data (number of active addresses) declining – the current picture is “balanced” with no significant price spikes expected in the coming week.
🔍 Summary
- 24h trend: Slight but sustainable increase (~+1%)
- Peak and trough: $108,206 / $106,055
- Volume: Stable high ~50 billion USD
- Main driver: Key factors are FHFA news & global risk sentiment
- Risks: Social sentiment is not strong, slight decline in on-chain activity
✅ Short-term outlook
+ If FHFA officially accepts crypto, BTC could continue its upward trend to $110,000.
+ Conversely, if global risk market heats up or on-chain sentiment weakens, prices could retreat to the range of $105,000–106,000.