Bitcoin Trades Sideways Around $87,000; Institutions Sell for Six Consecutive Sessions [Crypto Briefing]

[Financial News] On the 30th, Bitcoin (BTC) is trading sideways around the $87,000 mark. Institutional investors have also been net sellers for six consecutive trading sessions.
According to global digital asset information platform CoinMarketCap, as of 10 a.m., BTC was trading at around $87,000, down 1.12% over the past 24 hours. Over the past week, BTC has declined by 1.97%.
In the Korean won market, BTC is trading at approximately 126 million won. According to the global digital asset price comparison platform Cryprice, the Korea premium stands at 1.27%.
BTC has maintained a range between $86,000 and $88,000 over the past week due to a lack of clear bullish catalysts. This contrasts with the broader market, which is showing an upward trend toward the end of the year.
Institutional investors are also continuing to sell. According to CoinMarketCap, there was net selling in Bitcoin spot Exchange-Traded Funds (ETF) for six consecutive trading days from the 18th to the 26th.
Investor sentiment has also cooled. The Crypto Fear and Greed Index provided by CoinMarketCap stood at 29 today, indicating 'fear.' The index ranges from 0 to 100, with values closer to 0 signifying 'extreme fear' and those near 100 indicating 'extreme greed.'
At the same time, Ethereum was trading at around $2,930, down 0.93% from the previous day. Ripple (XRP) was at $1.84, a decrease of 1.24%.

yimsh0214@fnnews.com Im Sang-hyuk Reporter