BTC/USDT

Bitcoin Market Highlights — August 13, 2025

** Price Action & Key Levels**

Bitcoin fell approximately 2.8%, trading around $118,600–$118,950 as of Tuesday, August 12, amid investor caution ahead of U.S. CPI inflation data.

Earlier in the week, BTC briefly surpassed $122,000, signaling bullish momentum before retracing.

** Market Sentiment & Technical Insights**

The pullback is largely driven by inflation concerns, raising doubts about upcoming Federal Reserve rate cuts.

On the upside, Bitcoin continues to hold above key support levels, including the 50-day EMA ($117,500), laying the groundwork for potential upside.