Crypto Market Holds Steady: Bitcoin at $65,000 as AAVE and ONDO Gain Momentum
BitcoinWorld Crypto Market Holds Steady: Bitcoin at $65,000 as AAVE and ONDO Gain Momentum Bitcoin maintained its position above the $65,000 mark during Wednesday trading, while decentralized finance tokens AAVE and ONDO emerged as notable gainers amid a cautiously optimistic market.
The leading cryptocurrency by market capitalization traded at $65,120 as of 14:00 UTC, reflecting a 0.8% increase over the past 24 hours, according to data from CoinMarketCap.
Bitcoin Holds Key Support Level The $65,000 level has acted as a psychological and technical support zone for Bitcoin over the past week, following a brief dip below $64,000 on Monday.
Analysts point to sustained institutional buying through spot Bitcoin ETFs as a stabilizing factor. The Grayscale Bitcoin Trust and other major funds reported net inflows of approximately $120 million on Tuesday, signaling continued demand from traditional investors.
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