Bitcoin (BTC) price action keeps traders on edge, surging past $95,000 before dipping to $83,799

Bitcoin's price action is keeping traders on edge, surging past $90,00 over the weekend before dipping to $83,799—a 9.7% drop in 24 hours.

Bitcoin (BTC) price is staying in the limelight as it edges closer to the six-figure mark, while JetBolt (JBOLT) presale continues to gain momentum, exceeding 339 million tokens sold.

Bitcoin price today: Bouncing off support but can it rise further?

Bitcoin price slipped to $83,799 by press time, down 9.7% in the past 24 hours and 12.8% over the past two weeks, reflecting the turbulent market adjusting to shifting macro conditions. The recent surge past $95,000 sparked interest, but analysts at QCP Capital remain cautious, noting that a lasting breakout may not yet be signaled.

The stellar rally was fueled by U.S. President Donald Trump’s unexpected announcement of a government-backed Crypto Strategic Reserve holding BTC, ETH, XRP, SOL, and ADA. This initiative is set to be discussed further at the upcoming White House Crypto Summit.

Meanwhile, Coinbase (NASDAQ:COIN) is urging the SEC to disclose its spending on targeting crypto firms, highlighting the industry pressure for regulatory transparency. The SEC has dropped multiple lawsuits, including cases against Kraken and Yuga Labs, signaling a potential shift under the new administration.

Furthermore, institutional interest in Bitcoin remains strong despite the recent downturn. Japan’s Metaplanet has expanded its holdings, purchasing 156 BTC for $13.4 million as it aims to reach 10,000 BTC by 2025.

With economic data and the White House Crypto Summit on the horizon, Bitcoin’s path will be closely observed as it encounters key resistance levels. Some market experts believe the coming days could be pivotal in determining the next major move for BTC price.

JetBolt presale surges past 339M tokens

While Bitcoin recalibrates, JetBolt is advancing blockchain efficiency with a gas-free framework. The young altcoin’s presale has already surpassed 339 million JBOLT tokens, drawing attention from early blockchain enthusiasts and crypto maxis.

JetBolt’s Zero-Gas Technology eliminates gas fees, ensuring near-instant, gas-free transactions—a game-changer for Web3, SocialFi, and everyday transactions. This stands in contrast to traditional blockchains like Ethereum, which charge high gas fees during periods of network congestion.

Beyond gas efficiency, JetBolt features an AI-powered crypto market insights utility, aggregating snippets of Web3 news, stories, and content revolving around crypto. This feature allows users to track market sentiment without navigating multiple sources, all in one accessible page or through a daily newsletter.

JetBolt’s Web3 wallet makes staking straightforward, but earning additional rewards goes beyond simply holding and staking tokens. Users who are actively engaged within the ecosystem can unlock extra rewards, encouraging deeper participation.

At the same time, early buyers can take advantage of JetBolt’s enthralling perks like the Alpha Box bundles, which offer up to 25% bonus tokens on batch purchases. With its ready-to-use ecosystem and rising presale demand, JetBolt continues to make a name for itself in the crypto market.