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📌 Binance boosts BTC holdings in its SAFU fund
Binance recently added about 4,225 BTC (worth roughly $300 million) to its Secure Asset Fund for Users (SAFU), increasing the fund’s total BTC holdings to over 10,455 BTC. This move is part of Binance’s plan to strengthen its reserves amid market uncertainty.
📉 Bitcoin still weak after price dip
Bitcoin has been trading at lower levels recently, hovering around prices last seen in 2021, with analysts warning there could be further downward pressure if buyers remain weak.
📈 Spot BTC ETFs showing resilience
U.S. spot Bitcoin exchange-traded funds continued to draw inflows this week, nearly offsetting last week’s outflows — a sign that institutional interest in Bitcoin remains present despite market volatility.
📊 BTC slips as bear momentum persists
Bitcoin’s price dipped by about 3 % recently, with some analysts observing weak momentum among buyers trying to reclaim higher price levels.
📈 BTC price shows attempts to recover
After dipping below certain price points, Bitcoin has seen occasional rebounds, with some strategies and buying activity helping it regain ground in recent sessions.
🏦 Binance continues to use market dips to strengthen reserves
Binance’s SAFU fund remains active in accumulating Bitcoin, especially during market downturns, indicating that the exchange continues to view BTC infrastructure and holdings as important for long-term stability.