Bitunix analysts have delineated critical technical thresholds for Bitcoin, highlighting $116,300 as major support and $120,000 as significant resistance amid current cautious market conditions.
Market sentiment remains guarded due to persistent geopolitical uncertainties, contributing to investor hesitancy and heightened volatility in cryptocurrency trading activity.
Separately, Jetking confirmed approval of a ₹115 million private placement dedicated to expanding its Bitcoin reserve operations in India. The capital infusion aims to scale institutional Bitcoin storage and management services within the region.