The 2x Bitcoin Strategy ETF (BITX) closed at $58.33 on December 10, 2024, marking a modest increase of 0.29% as Bitcoin's price dynamics continue to be shaped by market volatility and external pressures. Bitcoin's current price stands at $97,108.38, reflecting a slight decline of 0.29%. The cryptocurrency market has been under pressure following a significant $1.5 billion liquidation of long positions, which has contributed to the downward momentum. Additionally, geopolitical tensions and anticipation of U.S. inflation data have added to the uncertainty. Despite these challenges, Bitcoin's market cap dominance has increased to 57.9%, indicating a shift from altcoins to Bitcoin amid a broader risk-off sentiment. The market is also reacting to potential regulatory changes with the upcoming U.S. administration, which could influence Bitcoin's trajectory.