$BTC Bitcoin ($BTC) is currently trading at $102,803, down 2.5% over the past 24 hours. The cryptocurrency reached an intraday high of $105,525 before retreating to a low of $101,065.
This pullback follows a brief surge after the U.S. and China agreed to a 90-day tariff truce, which had initially boosted investor confidence. However, market sentiment has shifted ahead of the U.S. Consumer Price Index (CPI) release, with traders exercising caution due to potential implications for Federal Reserve policy.
The global cryptocurrency market capitalization stands at $3.26 trillion, reflecting a 2.02% increase.
Investors are closely monitoring the upcoming CPI data, as it could influence Bitcoin's trajectory and broader market dynamics.
