Liquidity Shifts, BTC Locked at $105,000
Bitcoin continued to weaken in the European session on Tuesday, paring the previous session's recovery. BTC fell 0.6% to around $105,275. News of progress on the US shutdown—a bill that has passed the Senate and is awaiting House approval—hasn't fueled crypto; risk-on flows are instead favoring equities, particularly tech stocks.
The "rotation" narrative is increasingly apparent: additional accumulation from large corporate holders hasn't lifted prices as liquidity flows to exchanges. As a result, the crypto market is moving sideways to weak, with speculative interest declining as the market awaits new macro catalysts and liquidity flows.
Altcoins are also holding back: ETH is stable at $3,573, BNB -1.17%, and SOL and ADA are down more than 1%. XRP is a slight exception (+0.9%). In short, without a specific crypto sector trigger, BTC remains "locked" in the $105,000 area—and as long as risk-on stocks persist, the crypto rally is likely to be delayed.
Source: Newsmaker.id