1113 GMT - Bitcoin rises slightly but remains range-bound in the absence of a major new catalyst to drive notable moves. Donald Trump's presidential election victory in November initially boosted bitcoin to record highs but the currency has recently struggled for material upward momentum. "It continues to consolidate in a relatively tight range, having held between $100,000 and $94,000 since Feb. 5," Trade Nation analyst David Morrison says in a note. Bitcoin last trades up 1.4% at $96,324, according to LSEG. It reached an all-time high of $109,071 on Jan. 20 but has since consolidated. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 06:13 ET (11:13 GMT)
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