Saturday saw Bitcoin maintain a relatively stable position, trading around $111,092. While upward movement seems to be slowing, the digital currency is holding steady within a tight band, fluctuating between $110,032 and $111,369.

Boasting a substantial market capitalization of $2.21 trillion, and with $22.66 billion worth of Bitcoin changing hands each day, the leading cryptocurrency is currently in a phase of consolidation. Market analysts suggest this period may be the prelude to a renewed attempt by buyers to overcome existing resistance levels.

Bitcoin On the daily chart, bitcoin […]

Share.