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[Market Update] Bitcoin Recovers to $97,000... Major Altcoins Mostly Decline Over the Day

Bloomingbit Newsroom

Summary

Bitcoin has reportedly recovered to the $97,000 level after a sharp price drop.
Major altcoins like Ethereum, Ripple, and Solana have mostly shown a downward trend over the past 24 hours.
Ethereum is reportedly trading at $3,695.97, down 7.3% from the previous day.

Bitcoin (BTC), which had plummeted in price over the day, has recovered to the $97,000 level.

As of 6:25 AM on the 10th, according to CoinMarketCap, Bitcoin is trading at $97,077.12, down 2.88% from the previous day. On the Upbit KRW market, it is trading at 138,807,000 KRW, down 1.56% from the previous day.

Meanwhile, major altcoins, including Ethereum (ETH), have mostly shown a downward trend over the past 24 hours. Ethereum is currently recorded at $3,695.97 on CoinMarketCap, down 7.3% from the previous day, while Ripple (XRP) is trading at $2.28, down 11.31% from the previous day. Additionally, Solana (SOL) is trading at $219.72, down 6.59% from the previous day, and Binance Coin (BNB) is also trading at $685.22, down 7.43% from the previous day.