Bitcoin Price Holds Near $80K Amidst Technical Uncertainty

Bitcoin’s price is hovering near $80,000 after experiencing a 3.35% gain in the last 24 hours, currently trading at $79,868.38. Its dominance in the broader crypto market, accounting for nearly half of the total market cap, remains strong. Despite this rise, Bitcoin’s trading volume has decreased by 6.75%, indicating a lack of momentum despite its recent price rebound from lows near $75,000.