Okay, here is a summary of the provided article, along with a "Key Takeaways" section at the beginning.
Key Takeaways
- Bitcoin rebounded on Friday afternoon after experiencing significant volatility earlier in the week.
- The cryptocurrency briefly dipped into bear market territory multiple times this week, testing the $100,000 level.
- Despite the recent recovery, Bitcoin remains approximately 18% below its all-time high reached in early October.
Bitcoin Rebounds After Bear Market Tests
Bitcoin (BTCUSD) experienced a positive surge on Friday afternoon, recovering from a period of volatility that saw it repeatedly flirt with bear market territory earlier in the week. The benchmark cryptocurrency rose by 2.9%, trading at approximately $103,781 as of the afternoon update.
This upward movement follows a week of uncertainty where Bitcoin repeatedly tested the $100,000 mark, dipping below this threshold on Tuesday. According to Dow Jones Market Data, these declines pushed Bitcoin briefly into what is considered bear market territory, a situation where prices have declined sharply.
While the recovery is welcome news for Bitcoin investors, the cryptocurrency still has ground to cover before reaching its previous peak. As of Friday, Bitcoin remained about 18% below its record high of $126,272.76, which was achieved on October 6, 2025. The ability of Bitcoin to maintain this recovery and push back toward its all-time high remains to be seen, and will likely depend on several factors, including overall market sentiment and further macroeconomic events.
