📊 Cryptocurrency News: Bitcoin Continues to Surprise!

- Bitcoin (BTC) is correcting again after hitting $62,000 on October 2. However, data shows that large holders did not participate in the latest sell-off.

- Geopolitical tensions between Iran and Israel did not affect BTC consolidation in the $60,000 zone from October 1 to 4.

- Following the US employment report, BTC hit a local high of $62,370 on October 5, which caused a bullish momentum in the market.

- In the last 24 hours, the BTC price is down 0.2% to $61,950. Trading volume has fallen 53% to $12.2 billion.

- IntoTheBlock data shows that large holders recorded a net inflow of 205 BTC on October 5, indicating no selling at $62,000.

- Whale transaction volumes fell 48% from $48 billion to $25 billion, which typically indicates price consolidation and reduced volatility.

- BTC has seen a net outflow of $153 million from centralized exchanges over the past week, indicating a buildup and growing bullish sentiment for October.

💬 Share your thoughts in the comments! What do you think is next for the crypto market?