BlockBeats news, on December 2, Zaye Capital Markets analysts stated in a report that concerns about the ongoing consolidation of Bitcoin persist, which may lead to further declines before a rebound occurs.
Boosted by the more crypto-friendly outlook of U.S. President-elect Trump, Bitcoin previously reached an all-time high of $99,830. However, as the initial momentum from Trump's election victory waned, Bitcoin's price also retreated. (Jin Shi)
