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Institutions: Bitcoin appears to be struggling to maintain its upward momentum

Bitcoin edged up during the day but was trading below the key level of its recent breakout of $100,000 as the cryptocurrency appeared to struggle to sustain its upward momentum. Last Thursday, Bitcoin reached an all-time high of $103,000 after US President-elect Trump nominated pro-cryptocurrency Paul Atkins to head the Securities and Exchange Commission. "Yesterday, Bitcoin briefly broke through the $100,000 mark again, but shortly after the US stock market opened, as the stock market sold off....

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2024-12-10 15:08:50
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