Bitcoin (BTC) passed $98,000 after the Dec. 24 Wall Street open as “large spot buyers” lifted deflated BTC price action. Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $98,

Bitcoin’s price action hints at further downside as it struggles to recover from the recent market crash. On Monday, the average transaction size on the Bitcoin network soared to $306,101, marking a two-year high. This reflects heightened whale activity, likely indicating large-scale sell-offs.

The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,

Bitcoin (BTC) continued to lose all its gains from last week as it dipped below the $96,000 mark early Monday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP),

Spot ETFs see large volume outflows while Metaplanet spends nearly $60 million to buy the Bitcoin dip. A Bitcoin strategic reserve could represent 35% of the US national debt by 2049 if the country acquires 1 million BTC tokens,