Bitcoin surpasses $105k three times after hitting day low below $103k

WEB DESK: Bitcoin experienced a turbulent trading session, surpassing the $105,000 mark twice despite hitting a day low below $103,000.

After closing the previous day at $103,963, Bitcoin briefly breached the $104,000 mark in early trading, reaching $104,079 around 00:10 UTC.

However, it failed to maintain those gains and started fluctuating below the previous close, dropping to $103,645.50 by 00:20 UTC, reflecting a loss of $318. The decline worsened at 02:03 UTC when Bitcoin fell to $103,099.19, representing a drop of $864.4 from the previous close.

The largest cryptocurrency saw further losses around 03:24 UTC, hitting its day low of $102,986.10, a loss of $977.4.

Bitcoin began its recovery shortly after, rebounding to $104,070.90 by 03:40 UTC, gaining $107.4. The recovery continued, and Bitcoin entered positive territory, rising to $105,206.60 by 06:01 UTC, marking an increase of $1,243.1.

Although it dipped again to $104,738.50 around 06:39 UTC, Bitcoin quickly regained momentum, surpassing the $105,000 mark once more. By 07:06 UTC, it was trading at $105,118.00.

During the same period, Ether (ETH) rose by 1.57 per cent to $3,393, Litecoin (LTC) increased by 0.34 per cent to $116.84, and Dogecoin gained 1.64 per cent, reaching $0.3577.

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