Bitcoin Treads Water at $81,134 Amid Consolidation
Bitcoin's price held steady at $81,134 with a gain of 0.24% over the past 24 hours, according to data from CoinGecko.
The largest cryptocurrency by market capitalization, Bitcoin has been consolidating within its recent range and has not posted a daily move above 3% in either direction during this observed period.
Despite the low-volatility consolidation at elevated prices, this type of price action often precedes a directional move, although timing is unreliable.
Bitcoin's market cap stands at $1.625 trillion, making it the largest single asset in the CoinGecko universe, roughly 18 times larger than XRP's market cap of $90.2B.