Bitcoin Rebounds Above 84,000 USDT After Sharp Drop

Bitcoin Rebounds Above 84,000 USDT After Sharp Drop

BTC trades at 83,988.9 USDT with a 24-hour drop of 2.03%, according to OKX data, underscoring persistent short-term volatility in cryptocurrency prices.

BTC
USDT

Summary

Bitcoin (BTC) briefly dipped below 84,000 USDT before stabilizing at 83,988.9 USDT, according to OKX data. The cryptocurrency's price has fallen 2.03% over the past 24 hours, highlighting ongoing short-term volatility in the crypto market.

Terms & Concepts
  • USDT (Tether): A stablecoin pegged to the US dollar, used for trading and transferring value in the crypto market.
  • BTC: The ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.