Stories By Subarna Biswas

Bitcoin (BTC) has steadied itself between $96,000 and $96,500 following a substantial decline after Bybit, one of the most prominent cryptocurrency exchanges, was hacked for a staggering $1.4 billion. The flagship cryptocurrency has registered a marginal increase over the past 24 hours and is trading at $96,390.

Bitcoin (BTC) and other top cryptocurrencies plunged after news of the $1.4 billion Bybit hack became public, sending shockwaves through a recovering market and sending it back into the red. BTC briefly dropped below $95,000, falling to an intraday low of $94.939 before recovering to climb above $96,000.

Bitcoin (BTC) continued its upward trajectory for a third consecutive day, surging past $99,000 on Thursday as it set its sights on $100,000 after weeks of trading within a narrow range.

Bitcoin (BTC) reclaimed $97,000 during the current session as the crypto market showed signs of recovery after weeks of subdued price action.

Bitcoin (BTC) is showing considerable resistance during the current session, with the price up nearly 1% during the current session and trading just above the $96,000 level.

Bitcoin (BTC) remains in a consolidation phase, oscillating between $94,000 and $100,000. BTC registered a notable slump late on Monday when it fell from $96,942 to a low of $95,243 before moving to its current level of $96,280.

Bitcoin (BTC) continued its consolidation over the weekend, oscillating between $94,000 and $99,000. BTC has been sluggish for weeks and experienced yet another quiet weekend, with the price tethered under $100,000.

Bitcoin (BTC) is down just over 1% over the past 24 hours, starting the week on a bearish note. The flagship cryptocurrency trades just above the $96,000 level as traders wait for news that could move the price.

Bitcoin (BTC) registered a jump to an intraday high of $98,929 after it emerged that one of Abu Dhabi’s sovereign wealth fund holds $436 million in Bitcoin ETF holdings, according to a filing with the United States Securities and Exchange Commission (SEC).

Bitcoin (BTC) is down almost 2% in the current session as it continues to be bogged down by waning investor sentiment and lower risk appetite. The flagship cryptocurrency is trading just over $96,000, as buyers look to prevent a further decline.