Gate Research Institute: VanEck's First AVAX Spot ETF | Zerohash is in talks for a new round of financingCryptocurrency Market Overview
BTC (+0.98% | Current price 88,575 USDT): The risk of government shutdown and tariff-related policies are jointly suppressing global economic growth expectations, leading to a significant increase in market risk aversion. Over the weekend, Bitcoin briefly dropped nearly 3%, touching the 86,000–86,500 USD range, then rebounded about 1.3%, climbing back to around 87,000 USD. However, after the rebound, the price remains below the local low formed last week and is trading below the 50-day and 200-day moving averages, indicating that, in the context of temporarily controlled volatility, short-term selling pressure still dominates. Last week, spot Bitcoin experienced a net outflow of approximately 1.32 billion USD, the highest level since February 2025. Although Bitcoin is still in a controlled retracement phase, the overall price structure has shown clear signs of fatigue.
ETH (+1.88% | Current price
GateResearch·01-27 06:04