As of January 29, 2025, Bitcoin (BTC) is trading at approximately $101,847, reflecting a slight decrease of 1.04% from the previous close.
In recent months, Bitcoin has experienced significant volatility. Notably, in November 2024, it reached an all-time high of over $87,000, driven by increased institutional adoption and favorable regulatory developments.
In October 2024, Bitcoin consolidated between $60,000 and $61,000, reflecting a period of market uncertainty.
In mid-October 2024, Bitcoin was trading at approximately $65,576, with market optimism fueled by regulatory clarity and major announcements.
In October 2024, Bitcoin's price dipped to a three-week low of around $58,900 before rebounding above $60,000, influenced by investor sentiment and macroeconomic factors.
Currently, Bitcoin's price movement reflects ongoing market dynamics, with investors closely monitoring support and resistance levels to anticipate future trends.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Crypto market pullback
As of January 29, 2025, Bitcoin (BTC) is trading at approximately $101,847, reflecting a slight decrease of 1.04% from the previous close.
In recent months, Bitcoin has experienced significant volatility. Notably, in November 2024, it reached an all-time high of over $87,000, driven by increased institutional adoption and favorable regulatory developments.
In October 2024, Bitcoin consolidated between $60,000 and $61,000, reflecting a period of market uncertainty.
In mid-October 2024, Bitcoin was trading at approximately $65,576, with market optimism fueled by regulatory clarity and major announcements.
In October 2024, Bitcoin's price dipped to a three-week low of around $58,900 before rebounding above $60,000, influenced by investor sentiment and macroeconomic factors.
Currently, Bitcoin's price movement reflects ongoing market dynamics, with investors closely monitoring support and resistance levels to anticipate future trends.