Bitcoin price today: $95,300 Bitcoin price retraces to $95,000 on Monday after recovering from last week’s pullback. MicroStrategy co-founder Michael Saylor explained a strategic approach to Bitcoin on Sunday, highlighting its significance as the next technological wave that Microsoft must address. Bitcoin US spot ETF recorded a mild outflow of $136.5 million last week, while stablecoin reserves on Binance reached a new all-time high.
As the largest crypto exchange, Binance serves as a liquidity hub, attracting traders and institutions for stablecoin transactions, storage and trading. Rising reserves indicate renewed confidence, increased trading activity, and staking. All Stablecoin exchange reserve chart. Source: CryptoQuant Bitcoin Price Forecast: Rise to $100K or fall to $90K? Bitcoin price experienced a correction last week, dropping to $90,791 before recovering to $97,000 by Friday and consolidating during the weekend.