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

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.