Bitcoin Stuck in Tight Range at $113K

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Bitcoin’s price experienced some volatility over the past 24 hours, including a rejection at $116,000 and a rebound from the $110,000 support.

Many altcoins have bounced following yesterday’s correction, led by a massive surge from an AI-related altcoin – ChainOpera AI’s COAI.

BTC Calms at $113K
Although Uptober began on the right foot with a surge to over $126,000, where BTC marked its latest all-time high, what followed was not widely anticipated. Recall the events that transpired last Friday after US President Donald Trump issued a tariff warning against China. In the span of just a few hours, bitcoin went from over $122,000, where it had settled following the record, all the way down to $101,000 on some exchanges.

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