Bitcoin Market Update:
Bitcoin (BTC) saw a modest 1% increase, briefly touching $84,000 on Monday, driven by a recovery in US stocks following the government's avoidance of a shutdown.
Despite the uptick, the overall cryptocurrency market capitalization declined by approximately 1.07% to $2.82 trillion. However, trading volume surged by 42% to $66.68 billion, indicating heightened activity and strategic positioning by traders.
Bitcoin's price remained constrained below the $85,000 mark as investor attention was partially diverted by media coverage of Gold (XAU) reaching new all-time highs above $3,000 on Monday.
