Bitcoin bounces to $82,647 as inflation and ETF withdrawals weigh on crypto
Bitcoin, Ethereum, and XRP attempted to recover on Monday, following a volatile week pressured by persistent US inflation and continued withdrawals from crypto investment funds. Bitcoin traded at $82,647 as of Monday, extending its rebound from the 50-day Exponential Moving Average (EMA) at $80,607. This level has served as a critical short-term support, allowing buyers to stabilize after recent declines.