QCP Capital: Bitcoin finds support at $65,000
2024-10-27 05:16:03
Bitcoin (BTC) found support at $65,000, rising its dominance to 59.75%, according to the QCP Capital briefing. Despite having tested a high of $69,500 but failing to break through, ETF net inflows reached $997.70 million, indicating strong institutional demand. The ETH/BTC exchange rate fell below the key support, falling to 0.03625. Tensions in the Middle East affected market sentiment as investors focused on the upcoming non-farm payrolls data.
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