{"id":63344,"date":"2025-02-24T10:13:21","date_gmt":"2025-02-24T15:13:21","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63344"},"modified":"2025-02-24T10:22:47","modified_gmt":"2025-02-24T15:22:47","slug":"crypto-update-bitcoin-drops-1-47-during-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-update-bitcoin-drops-1-47-during-early-trading\/63344\/","title":{"rendered":"Crypto market today: Bitcoin drops 1.47%  during early trading"},"content":{"rendered":"<p data-start=\"59\" data-end=\"356\">February 24, 2025, 10:06 AM EST\u00a0\u2013 Bitcoin (BTC-USD) is trading at $94,275.77, marking a 1.47% decline (-$1,409.81) as of 10:06 AM EST. The cryptocurrency, which opened at $96,267.85, has fluctuated between $94,275.77 and $96,473.94 during today\u2019s trading session.<\/p>\n<p data-start=\"383\" data-end=\"701\">Bitcoin, the world\u2019s largest cryptocurrency by market capitalization, currently holds a market cap of $1.869 trillion, with a circulating supply of 19.83 million BTC. Over the past 24 hours, BTC trading volume has reached $27.09 billion, reflecting continued investor activity despite price fluctuations.<\/p>\n<p data-start=\"735\" data-end=\"1053\">The decline in Bitcoin\u2019s price aligns with mixed global market trends. In the U.S. pre-market session, major equity index futures are showing signs of recovery after Friday\u2019s losses. Asian markets have remained stable, while Germany\u2019s DAX index is trading in the green following anticipated election results.<\/p>\n<p data-start=\"1055\" data-end=\"1443\">Among U.S. stocks, Nike, American Express, Charles River, and Oracle have opened in positive territory, whereas Domino\u2019s, Dell, PDD Holdings, and Apple have faced early losses. Bond yields remain within a range, and the U.S. dollar index has rebounded from intraday lows, impacting commodities, including metals and bullion, which are facing resistance at higher levels.<\/p>\n<p data-start=\"1491\" data-end=\"1849\">Bitcoin\u2019s 52-week range spans from $49,121.24 to $109,114.88, demonstrating significant volatility. Despite short-term fluctuations, investor sentiment remains divided between profit-taking at higher levels and optimism regarding Bitcoin\u2019s long-term potential, especially with the upcoming Bitcoin halving event and evolving institutional adoption.<\/p>\n<p data-start=\"1851\" data-end=\"2072\" data-is-last-node=\"\" data-is-only-node=\"\"><em>Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct their own research or consult financial experts before making investment decisions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decline in Bitcoin\u2019s price aligns with mixed global market trends. In the U.S. pre-market session, major equity index futures are showing signs of recovery after Friday\u2019s losses. <\/p>\n","protected":false},"author":366,"featured_media":60341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[3925,23174,23286,3927,3926],"class_list":["post-63344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-bitcoin-usd","tag-btc-usd","tag-crypto","tag-cryptocurrency"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/366"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=63344"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/60341"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}