Bitcoin is currently trading at around $83,563, with a market capitalization of $1.66 trillion. The currency has seen a decline of 1.76% over the past 24 hours, with its price ranging between $83,171 and $84,840. Despite this, Bitcoin remains far from its all-time high, which was reached in March 2024 at $109,114.

Digital markets have experienced significant volatility recently, with Bitcoin down 22% from its previous peak. On the other hand, investors are awaiting the anticipated "Bitcoin halving" event expected in April 2028, which will reduce mining rewards by half, potentially leading to price increases due to increased scarcity.

Bitcoin remains the most famous and powerful digital currency in terms of market capitalization, continuing to attract investor interest despite ongoing price fluctuations, amid expectations of more significant market movements in the coming months.

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