#StablecoinLaw Bitcoin is currently trading around $117,958, slightly down (~0.44%) in the past 24 hours. Here's some key context:

Most sources report the price hovering between $117,900–$118,200, with 24‑hour trading volume around $47 billion and a market cap near $2.35 trillion .

Earlier this week, BTC hit an all-time high of about $123,000 (around July 14, 2025) before retreating on profit-taking .

Institutional demand remains strong: 21 public companies acquired roughly $810 million in BTC just this week, pushing confidence and price momentum .

Summary:

Bitcoin is inching lower after setting new highs, consolidating just below $118K, with healthy volume and persistent institutional interest.

Want deeper insights? I can break down price trends, comparison with other cryptos, or show charts—just say the word!