
Bitcoin Holds Near $86K After Breakout as Volume Drops 36% to $38B
- —Bitcoin trades near $86,379 as volume falls 36% to $38 billion
- —HYPE reaches a new all-time high near $98
- —XRP climbs to $1.62, Bitcoin Cash to $351.59
- —Futures volume drops 21% to $227 billion, shorts at 51% of taker flow
Why it matters: The rally is narrowing as capital rotates into select altcoins, while rising open interest on falling volume signals traders are bracing for volatility.
Source: Crypto Economy