Bitcoin, Ethereum, XRP, Dogecoin Steady As Crypto Market Hovers Around $3 Trillion Valuation

Bitcoin is hovering around $87,000 on Tuesday morning, with liquidations topping $486.69 million over the past 24 hours.

Bitcoin ETFs saw $8.5 million in net inflows on Monday, while Ethereum ETFs reported $79.06 million in net outflows.

Red Monday, Green Week?

Crypto trader Jelle noted that Bitcoin has confirmed support at $85,000 with a higher low.

Because both the weekly and monthly highs were set in the first minute of trading, a signal that the top likely isn’t in yet, Jelle says a “red Monday, green week” setup remains firmly on the table.

Michael van de Poppe added that Bitcoin’s broader structure hasn’t changed.

He’d prefer to see a sweep of …

Full story available on Benzinga.com