Bitcoin holds near $70K as Coinbase Premium turns positive for the first time since mid-January
Bitcoin traded steadily around $70,000 after the Monday U.S. market open as traders watched a narrowing range and shifting order flow. On-chain data showed the Coinbase Premium Index briefly turning positive for the first time since mid-January and whale accumulation picking up on Binance. Analysts described broader crypto conditions as defensive, with compressed profitability and cautious risk positioning.