BTC Holds Strong Above $107K After $120M Buy Order and Major Corporate Acquisitions
Bitcoin is currently trading at $107,428.57 on Binance, with a 24-hour price change of -2.54% and robust trading volume, maintaining its position as the top cryptocurrency by market capitalization. The recent price decline follows a period of heightened activity, including a large $120 million BTC buy order, major corporate purchases such as Trump Media’s $2.5 billion acquisition announcement, and continued institutional inflows, all occurring near Bitcoin’s all-time high of $112,000. The modest pullback in the last 24 hours is attributed to profit-taking after recent record highs, despite ongoing positive sentiment from regulatory developments, political engagement at the Bitcoin 2025 Conference, and strong institutional interest.