Bitcoin's price took a hit, dropping over 2% and briefly sinking to $92,941. However, it's bouncing back, now trading above $93,000. Market analysts noticed that large investors, or "whales," are moving stablecoins to exchanges, a trend seen post-Christmas.
Santiment, a market analytics firm, highlighted this shift as a potentially positive development. Historically, the fourth quarter has been notable for cryptocurrency market movements, adding a layer of complexity to current trends.
