Bitcoin's price has been experiencing a period of consolidation, trading near $74,100 after a recent rally pushed it close to the $76,000 mark.
The biggest cryptocurrency in the world is currently trading within the $73,000–$76,000 range, as investors weigh macro developments and shifting liquidity conditions.
Analysts note that while accumulation trends remain strong, short-term price action continues to be influenced by profit-taking and global cues.
According to data from CoinSwitch, Bitcoin broke through the $73,000 ceiling, pushing above $75,000, its highest print since the Iran war began in late February.