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Bitcoin price stagnates below 100,000 USD amid cautious market sentiment

Bitcoin’s price remains stagnant below 100,000 USD, fluctuating between 94,000 and 95,000 USD. This reflects a 5.8% decline over the past week, with a further 2.5% drop in the last 24 hours, signaling ongoing market challenges.

There is a notable dip in HIGH-value transactions from roughly 40,000 to 16,700, reflecting reduced market confidence. Open interest in Bitcoin futures has declined to 60.68 billion USD, suggesting cautious speculative activity amid current market stagnation.

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