Bitcoin (BTC) continues to trade within a narrow range of $80,000 to $100,000, currently priced at $91,500 as of December 8. Despite the stagnant movement, the overall cryptocurrency market capitalization increased by 1.9% to reach $3.11 trillion. Ethereum (ETH) saw a 3% rise, trading at $3,143.8, while other major cryptocurrencies posted gains of up to 3%. Notably, ZCash (ZEC) surged 9%, leading the top-100 coins, whereas Hyperliquid (HYPE) fell by 2%. Analysts describe the market as being in a 'disappointment phase,' with expectations that Bitcoin will continue its sideways trend in the near term.
Bitcoin Stagnates in $80,000–$100,000 Range Amid Market Uncertainty
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