Profit-Taking By BTC Whales Triggers Decline

For now, Bitcoin is holding steady above $36,400 which is a good sign. The volume has also seen a 39% increase, bringing it above the $18 billion mark, suggesting that investors took advantage of the dip to load their bags. If the excitement surrounding a possible Spot BTC ETF sustains, then the price could resume its uptrend above $37,000 soon.