Bitcoin traded around $74,000 on Friday as improving regulatory sentiment helped stabilize crypto markets.
The move comes after the Commodity Futures Trading Commission opened the door for crypto perpetual futures trading in U.S.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $73,7809 |
| Ethereum | (CRYPTO: ETH) | $2,024.99 |
| Solana | (CRYPTO: SOL) | $82.67 |
| XRP | (CRYPTO: XRP) | $1.32 |
| Dogecoin | (CRYPTO: DOGE) | $0.1002 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055426 |
Notable Statistics:
- Coinglass data shows 96,876 traders were liquidated in the past 24 hours for $266.92 million.
- SoSoValue data shows net outflows of $228.9 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $121.4 million.
- In the past 24 hours, top gainers include Injective, Hyperliquid and Artificial Superintelligence Alliance.
Notable Developments:
- Coinbase, Kalshi Receive Regulatory Green Light For Crypto Futures Trading In The US
- Strategy Moves Bitcoin To Coinbase: Here’s What It Means For MSTR
- SpaceX IPO Frenzy Arrives In Crypto—And One Exchange Is Reaping The Benefits
- Bitcoin ETFs Are Starting To Look More Like Gold Than Tech — And Wall Street May Love It
- Bitcoin ETFs Lose $2.8 Billion In 9 Days: What Is Going On With Institutions?
- Bitcoin Drops $10,000 In 3 Weeks: Where Is The Bottom?
- ‘The Anti-Crypto Army Was Defeated,’ Says Ripple CEO Brad Garlinghouse, Credits Trump For The Win
- Why Has XRP Not Pumped Despite Institutional Adoption? This Report Found The Answer
Trader Notes:
Ted Pillows said Bitcoin currently faces two major liquidity clusters that could dictate short-term direction. According to the analyst, upside liquidity sits between $74,500-$75,00 and downside liquidity rests near $72,000.
Pillows expects Bitcoin to first sweep higher liquidity levels before potentially reversing lower.
Jesse Olson warned Bitcoin bulls still need to defend the $68,000 region to preserve the broader market structure. The analyst said losing that level could expose BTC to a much deeper correction toward the next major support zone marked by a longer-term trendline.
Trader KillaXBT identified $74,200 as a critical lower timeframe point of interest. According to the trader, holding $74,200 as support could push BTC toward the monthly open near $76,000. Failing to reclaim the level may trigger a drop toward $70,800
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