#ThanksgivingBTCMoves

Bitcoin Gets a Thanksgiving Spike. What’s Driving Crypto Holiday Trades.

The largest cryptocurrency has been volatile ahead of the holidays, falling back following its march toward the key $100,000 level.

The Bitcoin price spiked above $97,000 in the early hours of Thanksgiving as the world’s largest cryptocurrency looked to mount another charge toward the $100,000 milestone. U.S. markets may be closed Thursday as Americans enjoy the holiday, but crypto trading never stops. The digital asset was showing some of its trademark volatility as it jumped to $97,336 overnight from a 24-hour low of $92,900 late Wednesday afternoon.

Bitcoin’s march toward the key six-figure level was halted once again, though, as it slipped back to $95,402 Thursday morning.