Bitcoin (BTC) retreated from record highs as its latest rally took a breather. The flagship cryptocurrency traded around $125,000 on Tuesday but lost momentum and fell to a low of $120,741 before moving to its current level. BTC is down almost 2%, trading around $122,740.
Bitcoin (BTC) set another all-time high on Monday, barely a day after it broke above the $125,000 ceiling. The flagship cryptocurrency surged past $126,000 to $126,296 before settling at $124,720. BTC is down over 1% during the ongoing session, trading around $123,369.
Bitcoin (BTC) surged to a new all-time high on Sunday, breaking above $125,000 to $125,559 before losing momentum and settling at $123,520. Bullish sentiment around the flagship cryptocurrency intensified over the weekend after spot Bitcoin ETFs registered their second-best week on record, and exchange
Bitcoin (BTC) shattered the $125,000 ceiling, powering to a new all-time high of $125,559. The flagship cryptocurrency started the weekend above the $120,000 mark, trading between $121,000 and $122,000. However, bullish sentiment picked up as the price rallied on Sunday, reaching a new high of $125,559.
Bitcoin (BTC) crossed $122,000 on Friday as it maintained its upward trajectory. The flagship cryptocurrency rallied to nearly $124,000, thanks to surging institutional demand, shifting Federal Reserve policy, and investor optimism about a bullish Q4.
Bitcoin (BTC) crossed the $120,000 mark on Thursday despite a government shutdown as investors pivoted to safe assets. The flagship cryptocurrency briefly crossed the $121,000 mark before settling at $120,621. However, price action is bearish during the ongoing session, down 0.22%.
Bitcoin (BTC) surged past the $119,000 mark late on Thursday as the US government shutdown fueled investor demand. The shutdown saw market uncertainty spike, while seasonal tailwinds pushed prices out of the late September slump.
Bitcoin (BTC) rallied past the $117,000 milestone on Wednesday as the highly anticipated “Uptober” rally kicked off. The term “Uptober,” a mix of the words “Up” and “October,” captures the pattern of strong market gains during the month.
Bitcoin (BTC) has fallen back during the current session as it failed to reclaim the $115,000 mark. The flagship cryptocurrency is down over 1% during the ongoing session, trading around $113,080.
Bitcoin (BTC) reclaimed $112,000 late on Sunday/Monday morning, recovering some of the losses sustained during last week’s price slump. The recovery comes as investors are growing ahead of the fourth quarter, supported by an $800 million jump in open interest and rising funding rates.
