NEW YORK – Bitcoin (BTC) continued its upward momentum against the US Dollar on Friday, April 12th, posting notable gains throughout the trading day. The leading cryptocurrency showed resilience, recovering from earlier dips to challenge higher price levels.
As of 6:21 PM UTC on April 12th, Bitcoin was trading at approximately 1,487.96 or 1.78% within the trading day, compared to its previous closing value of $83,419.76.
The intraday chart reveals a dynamic session for Bitcoin. After experiencing lows below the $83,000 level in the early hours (UTC), BTC began a steady climb. The price accelerated significantly during the afternoon session, briefly pushing towards the $85,500 mark before experiencing a slight pullback to its current level around $84,900.
This price action reflects continued volatility but also underlying buying interest in the cryptocurrency market as the week progresses.