As of now, Bitcoin is trading at ≈ $112,003 USD.

$BTC

📉 Market Sentiment & Key Driver

Major players such as BlackRock, Binance and Coinbase reportedly dumped about $1.1 billion in Bitcoin in just six hours, triggering sharp downside pressure and heightened caution among institutional investors.

📌 What to watch

If BTC fails to hold near current levels, there might be a retest of lower support.

If sentiment shifts and large-scale buying returns, there could be a rebound.

Keep an eye on any further activity from institutional wallets or major exchanges—it could tip the balance.