$BTC Bitcoin (BTC) is currently trading at $102,651, down 2.37% from the previous close. After briefly surpassing $105,000 on May 12 amid optimism over a U.S.-China tariff truce, BTC retraced due to profit-taking and cautious sentiment ahead of the U.S. Consumer Price Index (CPI) release. This pullback led to over $500 million in long position liquidations across the crypto market, with altcoins like Dogecoin and Cardano dropping up to 7% . Despite the dip, institutional interest remains strong; MicroStrategy acquired 13,390 BTC for $1.34 billion, bringing its total holdings to 568,840 BTC . Investors are closely watching upcoming inflation data for further market direction.