Bitcoin Price Sets All-Time High Of $108,388, Then Dips To $106K: What Is Going On?
Posted On December 17, 2024
Bitcoin (CRYPTO: BTC) spiked to another all-time high of $108,388 at the start of the U.S. trading session but reversed its gains in line with broader stock market losses.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Bitcoin (CRYPTO: BTC) | $106,171 | $2.1 trillion | -0.2% | +8.6% |
| Ethereum (CRYPTO: ETH) | $3,933 | $474 billion | -0.2% | +6.8% |
| XRP (CRYPTO: XRP) | $2.58 | $147.6 billion | +8.8% | +18.1% |
Trader Notes: Technical analyst Kevin warned in a post on X that USDT dominance remains at a critical support level, likely impeding prices from going higher.
As long as this support level, …
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