The primary cryptocurrency’s price rose from under $70,000 to almost $100,000 within a few weeks. However, it couldn’t penetrate into six-digit territory for a while as the bears managed to defend it. This finally transpired last Thursday when BTC went into a above $100k and tapped a fresh all-time high of almost $104,000. What followed was a sudden and violent rejection that drove it south by over ten grand in hours to $92,000 on most exchanges.
Source: Jordan Lyanchev, 2024-12-10; https://cryptopotato.com/dogecoin-tapped-new-3-5-year-peak-bitcoin-price-slips-below-100k-weekend-watch/