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Coinpedia 2024-11-13 08:09:46

Upcoming Correction Possible: Bitcoin Profit-Taking Remains ‘Below Historical Peaks’

The post Upcoming Correction Possible: Bitcoin Profit-Taking Remains ‘Below Historical Peaks’ appeared first on Coinpedia Fintech News Bitcoin has just surged to a new all-time high reaching $90k, with its market cap hitting $1.76 trillion. However, after briefly touching the $90k mark, Bitcoin has dropped 2%, settling at $86,640. While 99.99% of Bitcoin addresses are currently in profit, analysts remain cautious about the potential for a correction, even amidst the strong market …

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