UTC: May 22, 2025, 19:56 PM - Bitcoin (BTC) has experienced a slight pullback, dropping below the $111,000 USDT mark according to Binance Market Data. At 19:56 PM (UTC) on May 22, 2025, BTC was trading at 110,951.273438 USDT.
This movement comes amidst a day of notable activity for the leading cryptocurrency. Despite the recent dip, Bitcoin still shows a 2.40% increase over the past 24 hours, indicating a narrowing of earlier, more significant gains.
The past day has seen Bitcoin fluctuate, reaching new all-time highs in the $110,000-$112,000 range. This current slight decline suggests a period of consolidation after a bullish run, but the overall market sentiment remains largely positive, as evidenced by the sustained 24-hour increase.
Traders and investors will be closely watching the $110,000 level as a key psychological and technical support. Further price action will reveal whether this is a temporary retracement or the beginning of a larger shift in momentum for #BTC.
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