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December 9, 2024 12:11 PM
Bitcoin, often referred to as "digital gold," has dipped below the $99,000 mark, a psychological level for many traders. Coingecko data shows BTC is now trading at $98,923, reflecting a 1.08% decline in the past 24 hours.
This minor pullback follows recent volatility in the broader crypto market, which has faced fluctuations amid regulatory developments and shifting macroeconomic conditions.
Bitcoin’s dip signals ongoing market volatility, with $99,000 serving as a key support level to monitor. The decline may prompt traders to reassess short-term market sentiment while long-term holders maintain their positions.
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