Price Prediction
Bitcoin Eyes $83K as ‘Black Monday’ Prediction Fizzles
Bitcoin rebounded to $83,000 after dipping to $80,500, defying predictions of a Black Monday following recent inflation concerns. Most altcoins are also experiencing gains, with Ethereum holding above $2,400 and XRP near $1.32, while the overall crypto market cap has risen to $2.760 trillion. Analysts had anticipated a significant market downturn, but US futures markets opened positively, contributing to the upward trend in cryptocurrency prices.