BTC Pulls Back 2.4% After Record High as Institutional Inflows and Profit-Taking Shape Market

Bitcoin is currently trading at $107,169 on Binance, down 2.41% over the past 24 hours with a 24-hour opening price of $109,811.86 and trading volumes ranging from $33.16 billion to $51.16 billion. The recent price decline follows a modest pullback from last week’s all-time high of $111,814, driven by profit-taking from long-term holders and broader negative sentiment in the crypto market, which saw a 2.2% drop in total market capitalization. Despite strong institutional activity—including Trump Media’s $2.5 billion Bitcoin treasury initiative and continued inflows into Bitcoin ETFs—BTC is consolidating near $108,000 as investors await clearer market direction after failing to break key resistance levels.