Bitcoin's Rollercoaster: What's Shaking Up the Crypto World?

Bitcoin is still dancing around the $90, 000 mark, showing that the crypto world is in a bit of a pickle. It's not the only one, though. Other big names like Ethereum and XRP are also holding steady at important levels. It's like a game of musical chairs, and everyone's waiting to see who will be left standing when the music stops. The past day has been a wild ride. Over 102, 000 traders got the boot, losing a whopping $303. 35 million. Ouch! But it's not all doom and gloom. Some cryptos like LayerZero, Axie Infinity, and DoubleZero are actually doing pretty well, climbing up the charts. Big things are happening in the crypto world. There's a lot of talk about new rules and regulations. UBS is thinking about letting rich clients trade Bitcoin and Ethereum. Grayscale wants to add BNB to its spot ETF, which could shake things up. And Ledger is planning a massive IPO, following in BitGo's footsteps.Analysts are keeping a close eye on Bitcoin. It's struggling to break through some tough resistance levels. To get things moving again, it needs to push past $91, 800. But even then, there's a big wall between $95, 700 and $106, 800. It's like trying to climb a mountain with a heavy backpack. ETFs are also playing a big role. They've been selling off Bitcoin, adding to the pressure. But they're still holding a massive $117 billion in assets, so it's not all bad. It's more like a pause than a full-blown exit. Altcoins are in a bit of a waiting game. The market is taking its time to reset, which could mean a bigger rally down the line. It's like the calm before the storm.