Bitcoin, Ethereum, XRP, Dogecoin Stable On Low-Volatility Wednesday Morning

Bitcoin is consolidating around $86,000 on Wednesday morning, with liquidations topping $248.70 million over the past 24 hours.

Bitcoin ETFs saw $128.6 million in net inflows on Tuesday, while Ethereum ETFs reported $78.6 million in net inflows.

BTC Needs Reclaim Soon

Crypto trader Michael van de Poppe said Bitcoin continues to defend the $86,000 support. If it holds, a move toward $90,000 is likely. A monthly close above $90,000, he added, would strongly increase the odds that the bottom is already in.

Trader Jelle noted BTC is consolidating after reclaiming the $84,000 level. …

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