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Bitcoin Recovers Over $10K Since the $81K Bottom but Markets Brace for Historically Bearish December: Weekly Crypto Recap


by Jordan Lyanchev
for CryptoPotato
Bitcoin Recovers Over $10K Since the $81K Bottom but Markets Brace for Historically Bearish December: Weekly Crypto Recap

Share:

Although the extreme volatility from the previous few weeks has seemingly disappeared, at least for now, BTC’s latest price swings show a more promising picture, with the asset climbing above $92,000 earlier today.

But before we head into these developments, let’s quickly recap what transpired in the crypto markets exactly a week ago. Bitcoin had already corrected by more than $15,000 since November 11, when it topped $107,000, but the bears kept the pressure on and drove it south even harder last Friday.

Read the article at CryptoPotato

In This News

Coins

$ 92.22K

+1.64%

$ 0.00696

Share:

In This News

Coins

$ 92.22K

+1.64%

$ 0.00696

Share:

Read More

Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K

Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K

Large holders return to buying after months of distribution, signalling renewed confi...
Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing

Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing

A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide d...

Bitcoin Recovers Over $10K Since the $81K Bottom but Markets Brace for Historically Bearish December: Weekly Crypto Recap


by Jordan Lyanchev
for CryptoPotato
Bitcoin Recovers Over $10K Since the $81K Bottom but Markets Brace for Historically Bearish December: Weekly Crypto Recap

Share:

Although the extreme volatility from the previous few weeks has seemingly disappeared, at least for now, BTC’s latest price swings show a more promising picture, with the asset climbing above $92,000 earlier today.

But before we head into these developments, let’s quickly recap what transpired in the crypto markets exactly a week ago. Bitcoin had already corrected by more than $15,000 since November 11, when it topped $107,000, but the bears kept the pressure on and drove it south even harder last Friday.

Read the article at CryptoPotato

In This News

Coins

$ 92.22K

+1.64%

$ 0.00696

Share:

In This News

Coins

$ 92.22K

+1.64%

$ 0.00696

Share:

Read More

Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K

Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K

Large holders return to buying after months of distribution, signalling renewed confi...
Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing

Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing

A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide d...