Analyst: Crypto Market Struggles to Rebound, Bitcoin Needs to Hold Above $95,000 to Confirm Uptrend

Odaily News IG analyst Chris Beauchamp stated that the cryptocurrency market is gradually recovering, but gains remain limited due to persistent investor caution and continuous outflows from crypto funds. He pointed out that prices lack the fresh capital inflows needed for a strong rebound. Bitcoin must hold above $95,000 to confirm a sustained uptrend. The current market focus is on US inflation data, bank earnings reports, and the upcoming Senate hearing on cryptocurrency market structure.