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Bitcoin Briefly Hits $100K Before Retreating Amid Wave of Token Unlocks
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Daily Crypto News

Bitcoin Briefly Hits $100K Before Retreating Amid Wave of Token Unlocks

Major Unlocks From Aptos, Starknet, and Others Increase Market Pressure and Bring the Bearish Vibes Out of Hibernation.

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Maxwell Mutuma
Dec 09, 2024
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Bitcoin Briefly Hits $100K Before Retreating Amid Wave of Token Unlocks
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Bitcoin (BTC) briefly reclaimed the $100,000 level but quickly retreated, now trading at around $99,048. The drop came after hitting a daily low of $98,579.36. Bearish sentiment has increased due to several major token unlocks set for this week.

The largest unlock involves the Aptos (APT) blockchain, with $161.20 million worth of APT tokens set to be rel…

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