Bitcoin Price at $94k, Despite Microstrategy’s Purchase? | Airdrop Alert Pro

Today’s cryptocurrency market is already in a consolidation phase, with the total market value declining slightly by 0.95% to $3.32 trillion. This resulted in a positive growth of 2.05% in trading volume to $152.63 billion, indicating growing interest from market participants. Talking about the Fear & Greed Index, the indicator now shows a neutral score of 54, highlighting a cautious environment.

BTC Price Still at $94,000 Despite Microstrategy Acquisition?

At press time, the price of Bitcoin fell 1.17% in the past day to $94,408.15. However, the 24-hour trading volume increased significantly by 20.17% to reach $58.73 billion. However, Bitcoin ETFs saw outflows of $276 million, led by ARK and 21Shares with $87 million, followed by Fidelity and Grayscale.

While Bitcoin continues to shrink amid the choppy waters, institutional investment has continued to soar. Microstrategy continues to be bullish on Bitcoin and recently acquired 15,350 BTC. The star cryptocurrency’s price fell despite Microstrategy’s acquisition, sparking discussion among marketers.

For a deeper dive into the future of Bitcoin, explore our Bitcoin Price Prediction.

Altcoins Still Shining Despite Bitcoin Pullback?

Ethereum price was up 3.20% at $3,426.68 on the daily chart, while Solana was up 3.56% at $191.40. XRP also mirrored the situation among other altcoins, rising 2.72% to $2.26. The bullishness of the top altcoins has sparked enthusiasm among altcoin holders.

For a detailed analysis of Ethereum, check out our Ethereum Price Prediction.

The biggest increase:

Virtual: $3.14 +23.69%

Average savings deposit: $376.86 +15.06%

Hype: $29.81 +14.04%

Biggest loser:

XMR: $187.41 -2.29%

This: $1.06 – 1.45%

Bitcoin: $94,436.48 -1.16%

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