Today, Bitcoin is trading near USD 115,200, having fluctuated between USD 114,600 and USD 117,000 during the day. The recent rise is related to comments from the Federal Reserve Chairman, Jerome Powell, suggesting a possible rate cut in September, which has boosted optimism in the markets. However, despite the increase in institutional purchases — with companies accumulating over USD 112 billion in their treasuries — the price of Bitcoin still remains about 8% below its all-time high. In summary, the market shows resilience, marked by mixed sentiments that keep it in a state of expectation and caution.