Bitcoin Price Today: Profit-Taking Weakens Even As BTC Climbs Toward $87K

The post Bitcoin Price Today: Profit-Taking Weakens Even As BTC Climbs Toward $87K appeared first on Coinpedia Fintech News

Bitcoin is trading at $84,358, up 1.6%. According to analyst Axel Adler Jr, despite the higher price, on-chain data shows profit-taking has weakened compared to August. At the September 24 peak, seven-day realized profits totaled $7.3 billion with Bitcoin at $84.1K, 19% lower than the $9.1 billion realized at the August 26 peak when Bitcoin …