Can Bitcoin Overcome Sell Pressure to Hit $100K?

Quick Summary:

Bitcoin (BTC), which hit an all-time high of $93,265 five days ago, is currently trading at $90,659.66, reflecting a modest 0.29% daily increase.

Despite a 12% weekly gain, its trading volume has dipped by 4%, hinting at a slowdown in momentum.

Despite initial skepticism, MicroStrategy’s stock has surged over 2,500% since 2020, aligning with Bitcoin’s remarkable growth.

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Article Details

Author / Journalist: Janani

Category: Crypto

Markets: United Arab EmiratesJapan

Topics: Cryptocurrency Bitcoin News Bitcoin BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 06:33:05 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23655124

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 3 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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