Bitcoin Stalls At $112,000, Ethereum, XRP, Dogecoin Consolidate On Thursday

Bitcoin is trading near $112,000 on Thursday morning as rising inflows into spot BTC and ETH ETFs lifted the broader crypto market by 2.3%.

Spot Bitcoin ETFs attracted $102.6 million, while Ethereum ETFs saw outflows of $236.2 million.

In the past 24 hours, roughly 134,427 traders were liquidated, totaling $373.5 million.

Price Discovery Next?

Trader Ted Pillows noted that Bitcoin has filled its CME gap, a signal that often leads to upward momentum.

Yet, uncertainty around Trump’s China tariffs continues to pose risks. A potential U.S.-China trade deal could spark a strong rally.

Daan Crypto Trades highlighted Bitcoin’s key support …

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