Bitcoin’s Price Remains Stagnant Below $89,000
- Bitcoin traded within a narrow range of $87,831 to $88,067 in the last hour.
- The cryptocurrency’s market cap stands at $1.75 trillion.
- A moderate trading volume of $35.50 billion was recorded over the past day.
Bitcoin continues to hover below the critical $89,000 resistance level as it remains range-bound between $87,831 and $88,067. Despite its substantial market cap and steady trading volume, the cryptocurrency has not made significant price movements recently.
With a market cap of $1.75 trillion and a trading volume of $35.50 billion, Bitcoin shows signs of consolidation without breaking past key resistance levels. (Source)
