#MarketPullback Bitcoin $BTC

115,130.00

-$3,187.00

(-2.69%)

Today

1D

5D

1M

6M

YTD

1Y

5Y

MAX

What’s Behind Today’s Drop?

Market Movement Highlights:

Bitcoin slid ~2%, trading below $116,000, hitting lows near $115,600

Investing.com

AInvest

mint

The Economic Times

Barron's

.

Over the weekend, traders booked over $3.5 billion in profits, trimming the recent all-time high by approximately 7%

CoinDesk

The Economic Times

.

The broader crypto market saw losses of ~$71 billion, as fading hopes for Fed rate cuts weighed heavily on sentiment

CoinCentral

.

Technical enthusiasts cite a rising wedge breakdown, placing BTC at risk of deeper declines—potentially toward $88K–$94K

Cointelegraph

The Economic Times

.

Analysts warn of ongoing correction pressure after last week’s highs near $118K–$124K