Bitcoin Holds Near $80K as MEXC CEO Sees Bullish Signals
- —BTC reclaimed $80K twice, with an intraday low of $79,260
- —BTC liquidations hit $56M, with longs at 65% ($35.5M)
- —Bitcoin is down over 4% for the month, market cap at $1.61T
- —Net weekly inflows into spot BTC ETFs were about $301M
Why it matters: MEXC's CEO argues bitcoin is decoupling from macro shocks as ETFs and derivatives increasingly drive price formation.
Source: Bitcoin.com