Bitcoin price resistance $90,000: Market holds steady despite macro reports

Bitcoin isn't flinching. The digital asset continued to hold its ground just above $90,000 in the minutes following the latest economic report, signaling a robust floor for the market's leading cryptocurrency.

Bitcoin price resistance $90,000: A new psychological floor

According to Reuters, Bitcoin displayed remarkable resilience as it hovered steadily above the $90,000 mark. Traders expected high volatility following the data release, but the market's reaction remained controlled, suggesting that the current price level is backed by significant institutional buy orders.

Institutional stability vs. Macro noise

The stability above $90,000 is largely attributed to the increasing presence of spot ETFs and long-term institutional holders. While macroeconomic data often causes short-term fluctuations, the underlying demand for Bitcoin remains high enough to absorb selling pressure.