'Bitcoin Is in a Profit-Taking Phase': CryptoQuant CEO

In the last seven days, Bitcoin BTC BTC - $84432.402 has plunged by over 12.25% as general crypto market volatility persists. Amid this bearish outlook, CryptoQuant founder and CEO Ki Young Ju says Bitcoin is in a profit-taking phase and the coin could slip further as this trend continues.

Source: u.today

Related symbols: BTCUSD

2025-11-22 14:05:02 GMT.

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Price & Market Data

Price: $84432.402

Volume 24h: $67,580,373,323.87

Market Cap: $1,684,606,844,677.90

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,950,600. The last known price of Bitcoin is 82,420.12720958 USD and is down -9.88 over the last 24 hours. It is currently trading on 12483 active market(s) with $116,350,374,824.36 traded over the last 24 hours. More information can be found at https://bitcoin.org/.