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Bitcoin Hits $84,000 Before Falling as Analysts Warn of Potential Drop
Benzinga
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3/13/2025
Bitcoin hit an intraday high of $84,000 Wednesday before reversing gains. Analysts warned of a potential drop to $73,000, citing similarities to the 2021 crypto market peak.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:02
Bitcoin hit an intraday high of $84,000 Wednesday before reversing gains,
00:06
according to Investor's Business Daily. Analysts warn of a potential drop to $73,000,
00:11
citing similarities to the 2021 crypto market peak. Bitcoin-related stocks and ETFs also lost
00:16
ground, while short Bitcoin ETFs extended gains. Strategy co-founder Michael Saylor remains bullish,
00:21
proposing a U.S. strategic Bitcoin reserve that could generate trillions. Coinbase stocks saw
00:26
early gains before trimming them, while strategy stock continued its upward trend
00:30
from the previous day. For all things money, visit Benzinga.com slash GSTV.
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