Bitcoin sees massive pump and dump in 24 hours, around $100k mark
Bitcoin (BTC) finally crossed the long-awaited $100,000 mark on December 5, only to quickly lose it in a 24-hour “pump and dump.” The price action has moved hundreds of billions of dollars up and down within a day, liquidating nearly $500 million. In a remarkable show of volatility, Bitcoin pumped from $98,100 to $104,100, dumped to $91,950 and pumped again above $98,000 – all in 24 hours. From the new all-time high (ATH) to the pump-and-dump local bottom, BTC moved approximately $240 billion in market cap. As of this writing, the leading cryptocurrency trades at $98,296, returning to its consolidation range before the action. Picks for you Bernstein names this Bitcoin-related stock as its best idea for 2025 15 mins ago Creditcoin, Spaceco...