Crypto News Today: No BTC Moonvember This Year, Price Consolidates Above $104k

99Bitcoins•Wednesday, November 12, 2025 at 12:19:45 PM

Bitcoin's recent price movements have captured the attention of investors as it holds steady above $104,000 after briefly surpassing $106,000 earlier this week. The cryptocurrency peaked at $106,453 on October 30 but faced a nearly 3% decline the following day, indicating a volatile market. Currently, Bitcoin is trading down by 0.35% in the last 24 hours. The lack of a significant rally, commonly anticipated during 'Moonvember,' has led to concerns about the future trajectory of Bitcoin's price, reflecting broader uncertainties in the cryptocurrency market.

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