Bitcoin continues to face selling pressure during U.S. trading sessions, struggling to maintain gains above $89,000. After dipping below $85,000 on Thursday, Bitcoin rebounded post-market close, reaching $89,000 by Friday morning. However, this level has not held, with prices quickly retreating. As of Friday, Bitcoin stabilized at $88,400, marking a 0.3% increase over the past 24 hours. Ethereum showed resilience, climbing to just under $3,000, a 1% rise from the previous day. Altcoins like Solana and Swiss also experienced gains during the overnight session. Meanwhile, U.S. stock markets saw significant gains, with the Nasdaq rising 1% and AI-focused companies such as Nvidia, Oracle, and AMD posting increases between 3% and 6%. Trading volumes remain high as investors test key levels ahead of the holiday weekend.
Bitcoin Faces Selling Pressure Despite Rebound Above $89,000
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