BTC Holds Above $100,000 for 25 Days Despite 2.72% Drop and $294M Liquidations

Bitcoin (BTCUSDT) experienced a 2.72% price decline over the past 24 hours, with the current price at $104,699.01 according to Binance data. This drop follows a broader market correction after initial gains spurred by U.S. inflation data, as well as significant liquidations totaling over $294 million across long and short positions. Recent news highlights strong bullish sentiment, with Bitcoin recently reaching as high as $110,000 and maintaining levels above $100,000 for over 25 consecutive days. Despite the recent pullback, Bitcoin's market dominance has increased to 63.64%, and its circulating supply stands at approximately 19,876,203 BTC, about 95% of the maximum supply. Trading volume and overall market capitalization have both declined, reflecting cautious sentiment as traders monitor key support levels amid ongoing volatility.