Crypto Update: Bitcoin drops 1.04% in midday trading

Bitcoin’s 24-hour trading volume stands at $31.44 billion, with an overall market capitalization of approximately $1.908 trillion.

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February 11, 2025 — Bitcoin (BTC) experienced a slight decline in its price today, falling by $1,007.82 (-1.04%) to $96,262.14 as of 12:06 PM EST. Despite this dip, Bitcoin remains within a volatile trading range as investors continue to monitor market movements.

Market Overview

At the start of the trading day, Bitcoin opened at $97,630.51, with its highest recorded price reaching $98,464.12 and its lowest dropping to $96,262.14. Compared to the previous close of $97,443.09, the cryptocurrency has seen a minor correction but remains within a healthy trading zone.

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Bitcoin’s 24-hour trading volume stands at $31.44 billion, with an overall market capitalization of approximately $1.908 trillion. The total circulating supply of Bitcoin is reported at 19.82 million BTC, reflecting continued demand and interest in the leading cryptocurrency.

Long-Term Performance

Bitcoin has maintained an impressive trajectory over the past year, with its 52-week range spanning from $48,406.50 to $109,114.88. Despite recent fluctuations, Bitcoin’s strong market presence and adoption indicate continued optimism among investors and analysts.

Disclaimer: Cryptocurrency investments are highly volatile and subject to market risks. Investors should conduct thorough research and consult financial experts before making any investment decisions. This article does not constitute any financial advice.