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Bitcoin Stabilises Near $86,500 After Sharp Weekly Swings
Bitcoin traded around $86,500 on Tuesday morning after a volatile week where prices briefly fell below $85,000 before recovering. Market data showed spot volumes easing by nearly 12 percent compared with last week’s peak levels. Ethereum hovered near $2,840 with limited movement. Traders monitored developments around upcoming ETF approvals and institutional flows following a major November washout in leveraged positions.
Tags:
- crypto
- bitcoin
CoinDesk• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
Bitcoin Stabilises Near $86,500 After Sharp Weekly Swings
Bitcoin traded around $86,500 on Tuesday morning after a volatile week where prices briefly fell below $85,000 before recovering. Market data showed spot volumes easing by nearly 12 percent compared with last week’s peak levels. Ethereum hovered near $2,840 with limited movement. Traders monitored developments around upcoming ETF approvals and institutional flows following a major November washout in leveraged positions.
Tags:
- crypto
- bitcoin
CoinDesk• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
60 words
Bitcoin steadied near $86,500 as spot volumes eased 12 percent after last week’s volatility, while Ethereum traded near $2,840 with limited price movement.
Bitcoin traded around $86,500 on Tuesday morning after a volatile week where prices briefly fell below $85,000 before recovering. Market data showed spot volumes easing by nearly 12 percent compared with last week’s peak levels. Ethereum hovered near $2,840 with limited movement. Traders monitored developments around upcoming ETF approvals and institutional flows following a major November washout in leveraged positions.
Bitcoin traded around $86,500 on Tuesday morning after a volatile week where prices briefly fell below $85,000 before recovering. Market data showed spot volumes easing by nearly 12 percent compared with last week’s peak levels. Ethereum hovered near $2,840 with limited movement. Traders monitored developments around upcoming ETF approvals and institutional flows following a major November washout in leveraged positions.
Tags:
- crypto
- bitcoin
- crypto
- bitcoin
- markets
- digital assets