The cryptocurrency market is experiencing significant volatility. Currently, the price of Bitcoin is hovering around $93,407, down 0.09% in the past 24 hours.. While the current market cap of Bitcoin is $1.85 trillion, the 24-hour trading volume is $63.51 billion.
In terms of forecast, the bull market is believed to continue until December 2025. Technical analysis also points to a classic head and shoulders pattern, which could signal a bearish reversal.
In terms of volatility, the cryptocurrency market is considered to be highly volatile due to several factors, including large trades, media coverage, influential opinions, and regulatory developments.
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