BTC Slides 2.84% After All-Time Highs, Driven by Profit-Taking and Fed Uncertainty

Bitcoin (BTCUSDT) is currently trading at $104,530.30 on Binance, reflecting a 2.84% decline over the past 24 hours from an opening price of $107,584.00. The recent price drop follows a period of strong gains driven by institutional interest, ETF demand, and positive regulatory developments, including JPMorgan’s digital asset service filings and growing corporate adoption such as Metaplanet’s acquisition of 1,112 BTC. However, after reaching new all-time highs above $110,000, profit-taking and cautious sentiment ahead of upcoming U.S. Federal Reserve announcements have contributed to the recent pullback. Trading volume remains robust, and Bitcoin continues to lead the global crypto market, which maintains a total capitalization above $3.4 trillion with healthy liquidity and sustained investor interest.