$BTC

Bitcoin (BTC) is currently trading at 31,747,044.18 LKR per BTC.

Recent Market Trends

Price Movement – BTC has dipped below $105,000, extending a two-day decline amid cautious sentiment.

Middle East Tensions – The ongoing Israel-Iran conflict has triggered $1.15 billion in liquidations, impacting risk assets like BTC.

Institutional Accumulation – Long-term holders have added 600,000 BTC, marking the strongest accumulation since September 2024.

ETF Inflows – Spot Bitcoin ETFs continue absorbing BTC at a rapid pace, tightening supply and reinforcing bullish momentum.

Potential Bull Trap? – Analysts warn of a possible $110K bull trap, with leveraged traders facing liquidation risks