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Bitcoin rebounds slightly as market sentiment remains mixed

Bitcoin’s price has slightly risen, now at 95,863.12 USD, with a 0.50% gain in the past 24 hours. Nevertheless, it has experienced a 2.33% decline over the week, demonstrating market instability.

The trading volume for Bitcoin increased by 0.8% to reach 42.86 billion USD, alongside a market capitalization rise to 1.89 trillion USD. Notably, BTC’s dominance is now at 61.06%, reinforcing its status in the cryptocurrency market.

The futures market has seen a 1.10% increase in open interest, reaching 61.11 billion USD. Additionally, liquidation data indicates a balance between long and short positions, suggesting cautious trader sentiment.

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