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Bitcoin witnessed significant volatility today, dropping sharply to an intraday low of $89,941.06. However, it has since recovered over $2,200, trading at $92,172.32, which is still down 2.44% from the previous close of $94,489.80.
Earlier in the day, Bitcoin hit an intraday low of $89,941.06, marking a substantial decline. However, it managed to recover partially, climbing to its current price of $92,172.32. The previous close was noted at $94,489.80, highlighting a significant recovery, albeit leaving the cryptocurrency in the red. The day’s trading range extended from the low of $89,941.06 to a high of $95,761.76, underscoring the heightened volatility.
At present, Bitcoin’s market capitalization is valued at $1.826 trillion, while the 24-hour trading volume stands at $56.92 billion, reflecting the robust activity surrounding the asset. Despite the recovery, Bitcoin remains under pressure and is now trading 2.44% lower than its previous close. The cryptocurrency market continues to react to macroeconomic factors, with traders closely monitoring key support levels as uncertainty looms.
Disclaimer: The information provided here is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to high market risk due to volatility. Readers are advised to perform their own research or consult a financial advisor before making any investment decisions.