$BTC
The BTC/USDT pair is having a relatively stable day, with Bitcoin's current price hovering around $84,951.77 USDT, representing a 0.41% increase in the past 24 hours. This stability is part of a broader recovery trend, with Bitcoin gaining nearly 2% over the week.
Several factors are contributing to this growth. The US Securities and Exchange Commission's (SEC) recent announcement that Proof-of-Work mining rewards are not securities has boosted investor confidence. Analysts are predicting that Bitcoin can rebound from the triangle pattern to reach $90,000 points. However, others are warning of a potential bear flag that could send BTC to $72,000.
Here are some key statistics to keep an eye on:
- Current Price: $84,951.77 USDT
- 24-hour Change: 0.41%
- Weekly Change: nearly 2%
- Market Cap: $1.67T
- Volume (24h): $9.29B
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