On February 14th, the cryptocurrency market showed mixed signals, with Bitcoin experiencing its fifth straight day of losses. Globally, Bitcoin dipped nearly 1% to $96,812. Indian exchanges like CoinSwitch and Giottus reflected this trend, trading Bitcoin around $97,704, also after a 1% decline over the previous 24 hours. Despite the dip, analysts note Bitcoin’s relative stability. Trading around the $96,500 mark for nearly two weeks, it has become challenging for bears to break through that support level. This suggests a potential floor for Bitcoin’s price in the short term, even amid overall market volatility.
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Crypto Price Today: Bitcoin Hovers Just Below $97,000, Altcoins Trade Sideways
On February 14th, the cryptocurrency market showed mixed signals, with Bitcoin experiencing its fifth straight day of losses. Globally, Bitcoin dipped nearly 1% to $96,812. Indian exchanges like CoinSwitch and Giottus reflected this trend, trading Bitcoin around $97,704, also after a 1% decline over the previous 24 hours. Despite the dip, analysts note Bitcoin’s relative stability. Trading around the $96,500 mark for nearly two weeks, it has become challenging for bears to break through that support level. This suggests a potential floor for Bitcoin’s price in the short term, even amid overall market volatility.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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