$BTC
Bitcoin dropped 2.11% to $118,488 in 24 hours, easing after a 3.18% weekly rise.
Key factors: Pre-CPI/PPI profit-taking: Traders locked in gains before inflation reports, following BTC’s typical dip-then-rally trend.
Technical rejection: A failed breakout above $123K sparked stop-loss triggers.
Whale activity: Over 10K BTC deposited to Coinbase, indicating possible selling pressure.
