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Bitcoin (BTC) has started the week in the red despite a weekend recovery that lifted the price from a low of $103,199 to beyond $105,000. However, the flagship cryptocurrency lost the $105,000 level during the ongoing session and is trading around $104,130.
Ethereum and Solana prices remain stagnant, while AI-based cryptocurrencies like Codename:Pepe demonstrate notable resilience and relative strength in a fluctuating market.
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Bitcoin (BTC) reclaimed $104,000 on Saturday as it rebounded from an intraday low of $103,361. The flagship cryptocurrency reached an intraday high of $104,896 before declining to current levels.
Bitcoin (BTC) has faced considerable selling pressure after reaching its new all-time high on May 22. Buyers are showing signs of fatigue after multiple failed attempts to push the price towards $115,000, leading to a substantial increase in bearish sentiment around the flagship cryptocurrency.
Bitcoin (BTC) registered a sharp decline on Thursday, falling over 2% and going below $106,000. Some analysts have warned of an impending correction, while others believe overall sentiment around the flagship cryptocurrency will remain positive as long as it remains above $100,000.
Bitcoin (BTC) is up a little over 1% as it looks to build momentum and reclaim the $110,000 level. Price action has been subdued after last week’s rally, which saw the flagship cryptocurrency race to a new all-time high. BTC is marginally up during the ongoing session, trading around $108,850.
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Bitcoin (BTC) is struggling to reclaim $110,000 after a quiet start to the week. The flagship cryptocurrency registered a marginal increase on Memorial Day but fell back in the red on Tuesday after briefly crossing $110,000. BTC is trading around $109,050, with the price marginally down over the past 24 hours.
Subarna is a graduate of Mechanical Engineering. She loves cats, art, and crypto - in that order. She is a passionate writer and a voracious reader.
