Bitcoin faced selling pressure, dipping to an intraday low of $92,600 before recovering to $94,600 on Tuesday. Its market dominance dropped to 57.38% as long-position liquidations exacerbated the downward trend. As of 12:19 p.m., Bitcoin traded 3.5% lower at $94,785, while Ethereum, the second-largest cryptocurrency , rose 1.5% to $3,431. “The asset dipped to $92,600 intraday before rebounding as spot ETFs saw $500 million in outflows yesterday signaling potential profit-taking.
Bitcoin Awakening
