WS #15245
Bitcoin has climbed back toward $87,000 as sellers cleared out around the $85,000 level, according to Glassnode data. The cryptocurrency is nearing its highest level since January, driven by a combination of macro liquidity expectations from the Fed jobs miss and renewed institutional interest. Polymarket data indicates active trading on Bitcoin's price direction for the remainder of the week, with significant volume around the $86,000-$88,000 range.
Bitcoin Volatility and Levels
Bitcoin has climbed back toward $87,000 as sellers cleared out around the $85,000 level, according to Glassnode data. The cryptocurrency is nearing its highest level since January, driven by a combination of macro liquidity expectations from the Fed jobs miss and renewed institutional interest. Polymarket data indicates active trading on Bitcoin's price direction for the remainder of the week, with significant volume around the $86,000-$88,000 range.