Bitcoin’s (BTC) price action saw two extremes as it surged to a new all-time high before losing momentum. The flagship cryptocurrency crossed $124,000 and set a new all-time high of $124,533. However, it plummeted below $120,000 almost immediately following an unsettling US PPI report. The report revealed that wholesale inflation surged far beyond expected levels, jeopardizing expectations of a rate cut.
Bitcoin (BTC) has reclaimed the $120,000 mark after an early session wobble. The flagship cryptocurrency fell to an intraday low of $118,931 early on, but rebounded to reclaim $120,000 and move to its current level of $120,551.
Bitcoin (BTC) lost momentum after surging to an intraday high of $122,319 on Monday. As a result, the flagship cryptocurrency plunged to an intraday low of $118,050 before settling at $118,628.
Bitcoin (BTC) started the week on a very bullish note, racing past $120,000 early on Monday and reaching an intraday high of $122,190. However, the flagship cryptocurrency stalled at this level and currently trades around $120,500.
Bitcoin (BTC) is up nearly 2% over the past 24 hours as buyers make a renewed push towards $120,000. However, the price is expected to face substantial resistance at that level. However, the flagship cryptocurrency has maintained its position above $116,000, indicating that bulls are not ceding ground to sellers.
Bitcoin (BTC) failed to maintain its position above $117,000, slipping back into bearish territory and dropping nearly 1% on Friday. Price Action has remained flat over the past 24 hours, after President Trump announced a slew of new trade tariffs.
Bitcoin (BTC) started a fresh increase on Wednesday, reclaiming $115,000 and settling at $115,051. The flagship cryptocurrency continued pushing higher on Thursday, rising over 2% to cross $117,000 and settle at $117,483. However, BTC is marginally down during the ongoing session, trading around $116,924.
Bitcoin (BTC) has registered a sharp increase during the ongoing session, reclaiming $116,000 as markets rebounded. The flagship cryptocurrency is up 1.30%, trading around $115,560.
Bitcoin (BTC) is struggling to build momentum during the ongoing session, with the price marginally up. The flagship cryptocurrency briefly crossed $115,000 on Tuesday but failed to maintain its upward trajectory, dropping to end the day at $114,135.
Bitcoin (BTC) is marginally down during the ongoing session, struggling to build momentum amid macroeconomic challenges, as markets maintain a cautious outlook. The flagship cryptocurrency fell to an intraday low of $113,786 before moving to its current level of $114,855.
