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Bitcoin

Bitcoin Maintains Upward Momentum

7 Jan 2025by CryptoJazz Admin1 min read1 views
Bitcoin Maintains Upward Momentum

🟑On January 6, 2025, Bitcoin (BTC) reached $102,000 after a 4% rise, continuing its upward movement amidst reduced seller liquidity. At the time of publication, the flagship cryptocurrency was trading at $100 836,01 despite losing momentum after the U.S. markets closed.

🟑The return to $102,000 followed a 15% correction from its all-time high of $108,100 recorded in December. The reduction in supply liquidity remains a key growth driver. A record decrease in available liquidity from 41 months to 6.6 months is attributed to miners holding onto Bitcoin in anticipation of further price increases.

🟑Bitcoin’s market capitalization reached $2.01 trillion, with a daily trading volume of $51.66 billion.

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