BITCOIN PRICE HITS $97K, SUPPORTED BY MSTR AND COIN PERFORMANCE; MARKET AWAITS RECOVERY

Tina Collins

03 Jan 2025 — 1 min read

BITCOIN PRICE HITS $97K, SUPPORTED BY MSTR AND COIN PERFORMANCE; MARKET AWAITS RECOVERY

Bitcoin gains 7% in three days, briefly surpassing $97,750 resistance on Thursday.

MicroStrategy (MSTR) and Coinbase (COIN) rise 3%, attracting investor interest in crypto stocks.

Bitcoin daily active addresses drop to a 50-day low of 676,000 wallets.

Bitcoin price rises following MicroStrategy’s $200 million BTC purchase on December 29.

BTC experienced a 15% drop from its all-time high of $108,850 in mid-December to $91,500 on December 30.

Despite recent volatility, on-chain data signals potential for more gains ahead in 2025.

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BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES