BTC Price Drops 2% Amid US Inflation, SEC Actions, and North Korean Cyber Threats
Bitcoin (BTCUSDT) experienced a 2.02% price decrease over the past 24 hours, with the current price at 115,385.82 USDT according to Binance data. The decline is attributed to heightened market volatility following renewed inflation concerns in the US, ongoing regulatory developments including SEC mobilization on crypto rules, and geopolitical risks highlighted by recent warnings about North Korean cyber activity. Increased trading volume, up over 54% from the previous day, reflects active market participation as traders react to these events. Bitcoin remains the leading cryptocurrency by market capitalization, with a circulating supply of approximately 19.91 million BTC and a 24-hour trading volume of 46.21 billion USD, while buyers continue to defend key support levels amid fluctuating price action.