Over the weekend, Bitcoin exhibited significant resilience despite a brief dip below the $89,000 threshold on Sunday. This temporary drop, driven by bearish pressure, was quickly countered by strong buying activity, which propelled the cryptocurrency into a sharp V-shaped recovery. 

Currently, Bitcoin is trading at $89,804.34, reflecting a 0.88% decline over the past 24 hours. However, the broader trend remains positive, with the cryptocurrency posting a 9.26% gain over the past week.

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