Bitcoin Rebounds Above $83,000, Recovering Some Losses

In Brief

Bitcoin (BTC) has rebounded above $83,000, currently trading at $83,145.

The 24-hour loss has narrowed to 2.64%, showing signs of stabilization.

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Bitcoin has regained some ground after its recent dip, breaking back above $83,000 and reducing its 24-hour decline to 2.64%, according to HT market data. The recovery follows a sharp drop below $80,000 earlier in the day, which had triggered concerns over further downside.

Despite ongoing market volatility, Bitcoin’s ability to hold key support levels suggests that traders are cautiously stepping back in. Investors are now watching for further momentum to determine whether BTC can sustain its rebound or face renewed selling pressure.

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