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Bitcoin steady near $103K amid volatile altcoins
Bitcoin trades near $103,000 with minor dips, Ethereum at $3,290, while Mara Holdings reports $123M Q3 profit amid volatile crypto markets.
Bitcoin is trading near $103,000, showing a minor 0.5% decline, while Ethereum hovers around $3,290 amid heightened volatility in altcoins. Analysts attribute fluctuations to shifting investor sentiment, macroeconomic uncertainty, and profit-booking tendencies. Mara Holdings, a crypto mining firm, reported Q3 profits of $123 million, a 92% increase YoY, driven by the recent surge in Bitcoin prices. The cryptocurrency market remains sensitive to regulatory developments and investor speculation. Experts caution that short-term price swings may persist, but adoption trends and institutional interest continue to support long-term value growth.