Bitcoin Price (BTC) Declines Towards $90K
U.S. stock markets were closed on Thursday in remembrance of former President Jimmy Carter, but crypto is 24/7 and is bearing the entire brunt of any nervousness ahead of tomorrow’s December employment report.
In late-afternoon action, the price of bitcoin (BTC) had returned to levels not seen in more than a month, barely holding on above $91,000 and down about 3% over the past 24 hours.
The broader CoinDesk 20 Index is down similarly, but notable underperformers include solana (SOL) and chainlink (LINK), both off by double-digit percentage amounts.
The continued selloff in crypto comes following a major fourth quarter 2024 rally spurred by Donald Trump’s November victory and the hope of a friendlier regulatory environment out of…