Bitcoin is approaching a landmark price of $100,000 per coin. Recently hitting an all-time high (ATH) of $99,588, the cryptocurrency then experienced a 7% correction, falling to $90,791 by Tuesday.
Bitcoin's price showed resilience, beginning its recovery on Wednesday, and by Friday, it resumed its ascent, trading around $97,000.
The crypto community is keenly observing whether Bitcoin will reach the psychological $100,000 mark or face another correction. Such price movements generate both excitement and concern within the industry.