Bitcoin is recovering, but there is a risk of falling below $80,000.

Fluctuations in the Bitcoin Market Continue

Cryptocurrency markets stabilized with early trading in America on Tuesday. Bitcoin rose to above $87,000, an increase of about 3% from its lowest levels on Monday afternoon.

Cryptocurrency-related stocks, such as MicroStrategy (MSTR), Robinhood (HOOD), and Circle (CRCL), gained early after yesterday's sharp decline.

However, an analyst emphasized that despite this increase, the cryptocurrency markets are still "fragile." The analyst stated that it is possible for Bitcoin to fall below the November lows.