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Sanctions Risk & CPI Data Loom Over Crypto’s Tight Trading Range

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Key Takeaways

  • Bitcoin mining difficulty reached a new all-time high above 134 trillion, underscoring network strength despite price consolidation.
  • BTC key levels: support at $109,000, resistance at $113,500–$114,000. ETH levels: support at $4,250–$4,300, resistance near $4,500.
  • Ethereum spot market share flipped Bitcoin for the first time in five years, now commanding over 50% of activity.
  • Ethereum ETFs suffered a record $788 million weekly outflow, while Bitcoin ETFs absorbed $246 million in net inflows.
  • Russia launched its largest airstrike since the start of the war, driving safe-haven demand into Treasuries and gold, while sanction threats risk pushing energy prices higher.

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