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Bitcoin Consolidates Near $114K After Failing to Break $115K

Thin liquidity coupled with spot market supply shortages has kept Bitcoin below $115,000 despite returning ETF demand.

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Xrp analysis: $3 becomes make or break level for the ripple linked token
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Overview

  • Bitcoin has slipped to around $114,000 following its inability to overcome the $115,000 level, extending a roughly 4%–7% pullback from mid-July highs.
  • ETF inflows have resumed with $18.7 million reported by Bitwise, but erratic institutional demand has done little to sustain a broader rally.
  • On-chain data shows persistent negative exchange netflows and more than 56 million whale trades on Binance, signaling concentrated large-scale accumulation.
  • Ethereum outpaced other majors by breaking above the $3,600 mark to reach $3,650, reflecting stronger technical momentum.
  • Ripple’s XRP is forming bullish fractals above $2.47, prompting analyst forecasts of a potential 70% rally if key support holds.