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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin consolidates at $79,000 as profit-taking and consolidation keep market cautious. Here's what experts say

Bitcoin consolidated near the $79,000 mark on Thursday as profit-taking and consolidation keep the market cautious, and traders are waiting for the next trigger. The cryptocurrency was trading at the $78,797 mark.

In the past 24 hours, Bitcoin was down 0.12%, and Ethereum was up 1.30% to trade at the $2,491 mark. Among the major altcoins, BNB, Solana, and Dogecoin rallied up to 4.72%, whereas XRP, Tron, Hyperliquid, and Cardano corrected up to 2.13%.

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