Bitcoin Recovers $97K Price Amid Selling Pressure From Old Whales

Bitcoin (BTC) has surged 3% in the past 24 hours to a monthly high of $$ 97.822 after trading below the $$ 95.000 level for over a week, according to data from CryptoSlate. The recovery comes despite old whales continuing to take profits, which has led to significant selling pressure in recent weeks, as highlighted by CryptoQuant CEO and founder Ki Young Ju.