According to reports, Bitcoin is experiencing range-bound price action near $90,000. The cryptocurrency market dynamic sees traders shifting focus to altcoins. The report suggests that while leverage has been reduced, spot demand for Bitcoin remains soft. This environment allows for significant movements in specific altcoins, potentially driven by token unlocks and limited liquidity, according to the report.

According to reports, Bitcoin is experiencing range-bound price action near $90,000. The cryptocurrency market dynamic sees traders shifting focus to altcoins. The report suggests that while leverage has been reduced, spot demand for Bitcoin remains soft. This environment allows for significant movements in specific altcoins, potentially driven by token unlocks and limited liquidity, according to the report.