On September 2, 2024, at 7:30 a.m. EDT, Bitcoin's price stood at $58,388, fluctuating between $57,257 and $58,698. The trading volume reached $29.57 billion, with a market capitalization of $1.15 trillion. The leading crypto asset demonstrated substantial volatility during this period.
Technical indicators reveal persistent downward momentum for Bitcoin, suggesting that traders should exercise caution. The failure to break key resistance levels has raised concerns among market participants about potential further declines.
