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Bitcoin spot traders lose ground as BTC bears defend $98K
📰 sources⭐ 8.0
TL;DR:
Bitcoin’s rejection near $98,000 took place as spot traders ran out of energy and short-term investors harvested profits. Will bears defend the resistance level throughout the weekend?
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.