Bitcoin falls below $80000, probability of rising to $100000 before Christmas drops to 9.7%

The cryptocurrency market is in a long short tug of war, with Bitcoin falling below $80000 for the first time in nearly a month. Derive.xyz founder Nick Forster stated that the probability of market priced Bitcoin rising to $100000 before Christmas has decreased by 2.8 percentage points to 9.7%. (Source: Bloomberg)