Bitcoin Price Stabilizes above $3,500 as CME Futures Expiry Approach

Bitcoin on Tuesday showed some signs of bottoming out as it consolidated sideways a little above $3,500, its psychological support.

The BTC/USD is now trading at 3734-fiat, up 1.58% from the previous day close. Meanwhile, the pair is trading inside a range that is no more than $230 wide. Though volatile, the choppy price action is still stable compared to Bitcoin’s performance in the past two weeks.

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