Bitcoin’s strong institutional interest is evident as MicroStrategy purchased 15,400 BTC for $1.5 billion, and Marathon Digital Holdings plans to raise $800 million for more BTC acquisitions.
BTC price has remained resilient above $95,000, supported by institutional inflows and bullish momentum.
Bitcoin price correction persisted for a second consecutive day on Tuesday, December 3, briefly dipping below $93,600. However, the trend is finally over with a strong rebound. Moreover, market data indicates that various participants had been actively capitalizing on the pullback to accumulate more BTC. As of press time, the Bitcoin price is trading 2.15% up at $95,713 with a market cap of $1.89 trillion.
A Look At Bitcoin Price Consolidation
The last movements of Bitcoin after a 37% price leap in November point to consolidation. The asset is basically pausing to establish better support and resistance levels around the market range. Now that Bitcoin leaped by $26,000 in November, bru
