NEW: 🇨🇳 Cango Inc, a Chinese NYSE-listed auto trading platform, makes a drastic shift and quietly becomes a top Bitcoin miner ⚡️

It bought 32 EH/s of Antminer ASICs for $256M and may add 18 EH/s of on the shelf miners, which would match MARA’s self-mining hashrate at 50 EH/s

JUST IN: 🇳🇱 Open letter to the Dutch government regarding the establishment of a National Bitcoin reserve.

JUST IN: 🇺🇸 Micheal Saylor says he'd be willing to advise President-elect Donald Trump on Bitcoin 🔥

JUST IN: 🇯🇵 Japanese public company Metaplanet which holds a Strategic Bitcoin Reserve is set to trade in US markets 🇺🇸

They currently HODL 1,142.29 BTC

🟠 Leaving your Bitcoin on exchanges allows them to lend it out to short sellers who push the price down.

JUST IN: 🇺🇸 Michael Saylor publishes #Bitcoin & crypto framework so the "United States can lead the global digital economy."

Not f*cking leaving.

JUST IN: 🇨🇦 Publicly traded Matador Technologies Inc. approves to purchase $4.5 million #bitcoin as a strategic reserve asset 🙌

BREAKING: 🟠 MicroStrategy to hold special shareholder vote to sell more shares and buy more #Bitcoin❗️

FYI: 🟠 Only 0.27% of the global population can own 1 #Bitcoin each.

Maybe this Christmas as a present to your future self, start stacking sats.

JUST IN: 🟠 Public company KULR goes vertical after announcing a $21 million Bitcoin purchase to establish a Bitcoin treasury 🚀

JUST IN: 🟠 Vivek Ramaswamy’s Strive Asset Management files for a Bitcoin Bond ETF that would give regular investors exposure to the growing convertible bond market for companies with Bitcoin treasuries 👀

NEW: 🇯🇵 Japanese public company Metaplanet CEO says they're "just getting started" buying #Bitcoin 💥

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Crypto Market Faces Correction, Bitcoin Dips Below $83k

After a brief recovery yesterday, the cryptocurrency market has experienced a correction today, with the total market capitalization slipping by 0.94% to $2.68 trillion in the past 24 hours. Alongside this decline, trading volume has dropped significantly by 10.15%, reaching $90.36 billion. The Fear & Greed Index has also taken a hit, plunging to an extreme fear level of 18, reflecting traders' caution in the current market environment.

Bitcoin Price Drops Below $83k

Bitcoin's price has fallen by 1.42%, bringing it down to $82,004.85. The digital asset reached an intraday low of $79,931.85 before slightly recovering. Bitcoin's trading volume also saw a sharp decline of 20.58%, dropping to $29.88 billion, signaling reduced market activity.

For a detailed forecast on Bitcoin’s performance, check out our Bitcoin (BTC) Price Prediction for 2025, 2026-2030.

Altcoins Show Mixed Performance

Ethereum has demonstrated some resilience against the broader market trends, with its price rising by 1.57%, currently trading at $1,897.27. Other major altcoins have shown varied movements. XRP saw a solid gain of 2.99%, climbing to $2.30, while Solana traded in the red, slipping by 1.17% to $125.03.

For a closer look at XRP's potential, explore our XRP Price Prediction for 2025, 2026-2030.