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The bitcoin price continued to swing around the $90,000 level during thin holiday trading, rising and falling in sharp moves that lacked any volume needed for a sustained breakout.
The world’s largest cryptocurrency rose about 2.6% during low-liquidity sessions and held above $86,000 over the week, but was unable to sustain its $90,000 level in Monday’s Asian trading hours, according to market data.
At time of writing, the bitcoin price was trading at $87,465 on Tuesday, with a 24-hour volume of about $52 billion and little change over the past day.
The cryptocurrency sits roughly 3% below its recent day high of $90,230, with a market capitalization of about $1.75…
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