Market Update: $BTC /USDT (Bitcoin)
The $BTC /USDT pair is currently trading at 110,877.10 USDT (≈ Rs31,377,110.52), reflecting a -1.24% decline in the past 24 hours. Bitcoin’s price action has moved between a 24h high of 112,470.37 USDT and a low of 108,666.66 USDT, showing moderate market volatility. Trading volumes remain strong, with 23,086.58 #BTC exchanged against 2.54B USDT, underlining Bitcoin’s dominance in the market.
The candlestick chart shows consolidation with red candles indicating selling pressure, though support around 108,600 USDT has held firm so far. A rebound above 112,500 USDT resistance could reignite bullish momentum, while a drop below current support may trigger deeper corrections. Despite the short-term dip, Bitcoin continues to attract heavy liquidity and remains the key driver of overall crypto market sentiment.
