#CreatorPad Current Price and Market

Current Price: Approximately $117,195

Change during the session: Slight decrease of about -1.13%

The daily range is between $116,953 as the lowest price and $119,288 as the highest price.

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Overview of the Latest News and Developments

On August 15, 2025, the price of Bitcoin dropped to $119,186.31, recording a decrease of 2.3% compared to its recent peak of $124,480.82. This decline was attributed to selling and profit-taking, along with over a billion dollars in liquidations of leveraged positions due to market pressures and new monetary policies in the United States.

Another report on the same day confirmed Bitcoin's drop of about 2% to $119,233. This was due to U.S. Producer Price Index (PPI) data that exceeded expectations, reducing the likelihood of a Federal Reserve interest rate cut soon, thus putting pressure on high-risk assets like cryptocurrencies.

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