#WriteToEarnUpgrade Bitcoin (BTC) has not reached $97,000 in the last 48 hours; rather, it has been trading in a range and currently sits around $91,000-$92,000. The price has actually been below the $97,000 mark since mid-November 2025.

Market Context

Bitcoin has experienced significant volatility in recent weeks. The price dipped below $97,000 on November 14, 2025, a level it had not seen since May of the same year. This was part of a broader market downturn linked to macroeconomic factors, such as shifting expectations for U.S. Federal Reserve interest rate cuts. The cryptocurrency's all-time high was around $126,272 in early October 2025.

Recent Price Action

Over the past 48 hours (from December 6 to December 8, 2025), Bitcoin's price has fluctuated between a low of around $87,799 and a high of approximately $91,762. The current price on December 8, 2025, reflects a moderate daily gain of over 3%, pushing it back above the $92,000 mark as of this morning's trading session.