Bitfinex Analysts: Bitcoin Faces Fragile Standoff as Institutional Demand Cools

Bitcoins January rally has lost traction, with the leading cryptocurrency retracing more than 10% from its mid-month peak as institutional demand softens and exchange-traded fund (ETF) flows turn decisively negative. Bitcoin Range Holds as ETF Redemptions Weigh on Market Confidence According to Bitfinexs latest Alpha report, bitcoin failed to sustain a breakout above the $95,000-$98,000 []