Bitcoin Drops Below $97,000 Amid Market Volatility
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December 10, 2024 11:16 AM
In Brief:
Bitcoin (BTC) is now trading at $96,749, marking a 2.66% drop in the last 24 hours.
Data source: Coingecko.
BTC’s price dropped below the $97,000 mark today, quoted at $96,749—a 2.66% decline over the past day. This reflects ongoing volatility in the crypto markets. Analysts suggest the movement could be tied to macroeconomic factors, market sentiment, or profit-taking following recent gains.
This correction highlights Bitcoin’s characteristic volatility and underscores the importance of risk management in crypto investments. Traders should remain cautious and keep an eye on market trends for further developments.
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