BTC Market Update
Bitcoin is holding firm above the $95K level, currently trading around $95,368, with price action showing a steady and controlled uptrend rather than explosive volatility. Over the past 24 hours, BTC has moved within a tight range between $94,880 and $95,428, supported by healthy trading activity, a sign that participation remains strong even during consolidation.
What stands out is the liquidation data. Around $77.7M in positions were wiped out, with shorts taking the bigger hit at nearly 60% of total liquidations. This imbalance suggests bearish bets are being punished more than longs, reinforcing the idea that downside pressure is limited for now.
On the fundamentals side, corporate adoption continues to quietly build. Metaplanet’s CEO recently noted that Bitcoin adoption is often less about belief in BTC and more about management willingness to act. The company now holds over 35,000 BTC and is targeting 100,000 BTC by 2026, highlighting how strategic conviction at the leadership level can shape long-term exposure.
Overall, BTC consolidating above $95K, combined with short-side liquidations and growing institutional interest, points to underlying market strength even as price moves sideways.
