Bitcoin is moving sideways, on the verge of breaking through $65,000.
As of 8:50 a.m. on the 9th, on CoinMarketCap, a virtual asset market tracking site, Bitcoin was at $64,914 with no change from 24 hours earlier. Bitcoin has been fluctuating within the $64,000–$65,000 range.
At the same time, Ethereum was up 0.11% at $1,917. Binance Coin was up 1.44% at $600, Ripple was up 1.44% at $1.03, and Solana was up 3.17% at $76.
There are forecasts that Bitcoin will remain range-bound for the time being. Park Sung-je, a researcher at Shinhan Investment & Securities, said in a recent report, "Funding pressure for strategies and the potential for Bitcoin sales, as well as delays in handling the Clarity Act, have limited Bitcoin's upward momentum," adding, "In the short term, we expect a $62,000–$68,000 range."