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Bitcoin Rebounds to $113,000 as Daily Loss Narrows

Bitcoin Rebounds to $113,000 as Daily Loss Narrows

Bitcoin's recent surge to $113,030 highlights ongoing market momentum, continuing its upward trajectory with a 0.94% increase in the past hour, according to HTX market data.

BTC

Fact Check
Multiple credible financial sources corroborate the key claims. Yahoo Finance states the price of Bitcoin is '$113,209.66', and Coinbase reports a similar price of '$112,462.33'. Furthermore, Yahoo Finance notes the price is 'down -0.64 over the last 24 hours', which is consistent with the idea that a rebound occurred but did not erase the entire day's loss, thus 'narrowing' it.
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Summary

Bitcoin has surpassed the $113,000 threshold, currently trading at $113,030, reflecting a 0.94% increase in the last hour. The cryptocurrency continues its upward movement, mirroring growing investor sentiment and the recovery in the broader crypto market.

Terms & Concepts
  • Bitcoin (BTC): The first and largest cryptocurrency by market capitalization, created in 2009 as a decentralized digital asset.
  • HTX Data: Trading and pricing information provided by the HTX cryptocurrency exchange.