Early this morning, the market faced slight correction pressure as $BTC confronted the resistance zone of $110,000, in terms of technical analysis.
Regarding news, early this morning Trump Media Group denied rumors of raising $3 billion to invest in cryptocurrency, which caused a negative reaction in the market.
However, overall, the market has bounced back to the area of $109,000, notably a few altcoins like $NULS $SNT $FXS are performing well.
In general, Bitcoin remains stable as it has not broken the upward structure, last week also saw over $1 billion in net stablecoin inflow into Cex exchanges, still showing positive signs.
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