Bitcoin briefly touched the $99,690 mark before experiencing a 4% pullback. This decline was followed by a rebound over the weekend.
The retracement occurred just as Bitcoin was on the verge of crossing the psychological $100,000 threshold. The reasons behind this sudden drop are being analyzed by market observers and enthusiasts.
However, despite the initial slump, the Bitcoin price today is witnessing renewed momentum. The current rally suggests resilience as Bitcoin aims to once again approach and potentially surpass the $100,000 milestone.
