Bitcoin trades range-bound: What’s next for the flagship cryptocurrency?

Bitcoin (BTC) continues to remain range-bound and hovers near the $95,000 mark. Though it has scaled past the $95,400 levels, Bitcoin has not yet breached its major resistance at the $96,000 levels.

At 11:04 AM on Wednesday, April , the flagship currency was quoted trading at around $95,071.11 levels, higher by 0.75 per cent. The world’s most popular cryptocurrency has a 24-hour trading volume of $26.27 billion. Bitcoin’s market capitalisation stood at $1.88 trillion, the highest among the cryptocurrencies.