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Bitcoin Struggles Above $87K Amid Strong Institutional Demand and Remittix Launch

Guavy AI Editorial Team
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Bitcoin's momentum has regained above $87,000, but it still faces significant resistance at $90,000. The upcoming launch of Remittix's RTX token on November 24, 2026, is adding to interest in the crypto market.

Institutional demand remains strong, with Strategy executive chairman Michael Saylor hinting at further Bitcoin purchases. However, market conditions could affect price movements.

Regulatory uncertainty continues to impact investor sentiment and potential future legislation. The CLARITY Act recently encountered a procedural setback in the Senate, adding uncertainty around the timing of broader U.S. crypto legislation.

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