Bitcoin Struggles to Break $110,000 as Dormant Whales Move Billions in BTC

The crypto market turned lower on Friday morning amid reports that dormant whales from the 2011 era began moving billions of dollars worth of Bitcoin.

Bitcoin (BTC) retraced 1.8% over the past 24 hours, trading around $107,896 as of early Friday, unable to reclaim the $110,000 level yet again. Ethereum (ETH) fell 3.8% to $2,513, while Solana (SOL) and XRP (XRP) both lost nearly 3%, dropping to $148 and $2.20, respectively.

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