Bitcoin slips below $84,000 after reaching $84,008 as investors realize losses

  • Bitcoin reached $84,008 on Binance on September 26 before falling to $83,997.20 on OKX on September 27.
  • Investors realized nearly $500 million in losses, including losses recorded by long-term Bitcoin holders.
  • Total cryptocurrency market capitalization approached $2.94 trillion, with Bitcoin dominance near 59% and the Fear & Greed Index at 70.

Bitcoin recovered above $84,000 on September 26, reaching $84,008 on Binance’s spot market in a 0.12% increase, before briefly falling below that level on September 27. OKX market data cited by PANews showed Bitcoin at $83,997.20, down 0.19% on the day. The cryptocurrency was trading within a broader $83,500-to-$87,000 range as investors realized nearly $500 million in losses, including losses among long-term holders. Fresh capital pushed total cryptocurrency market capitalization toward $2.94 trillion, while Bitcoin dominance remained near 59% and the Fear & Greed Index reached 70.

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