Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates

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After a turbulent April, the cryptocurrency market is showing signs of stabilization in early May. Analysts note a period of consolidation, though Bitcoin experienced slight price dips on Thursday, May 1st. On international exchanges, Bitcoin fell by 0.17% to $94,920. Indian exchanges mirrored this trend, with Bitcoin declining by approximately 1% to trade at $95,400. Despite the small decrease, Bitcoin’s resilience at lower levels, bolstered by ongoing Bitcoin ETF inflows, suggests underlying strength.

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