#TrumpTariffs #BinanceAlphaAlert #SaylorBTCPurchase #MarketPullback $BTC
Amid bullish outlook, Bitcoin $BTC experienced a slight dip today, trading at approximately $106,870, down nearly 4% from its recent peak above $111,000. Despite this pullback, market analysts remain optimistic, citing strong institutional demand and macroeconomic tailwinds as key drivers.
The overall market sentiment remains cautiously optimistic, with the Fear & Greed Index at 73 (Greed), indicating strong investor confidence despite today’s declines. Meanwhile social sentiment on X highlights mixed signals, with Bitcoin’s dip contrasted by XRP’s relative stability and ETH/BTC ratio dynamics suggesting altcoin strength.
Bitcoin pushes back after marking all-time high
Bitcoin recently surged to the all-time high price mark of $111,970 earlier this week, fueled by spot ETF inflows of $2.2 billion over the past 10 trading sessions and growing retail investor interest. Noting this sentiment, experts suggest this dip may be a healthy correction after a rapid rally.
At the time of writing, Bitcoin is trading near $107,237—down 1.82% in the past 24 hours. Over the weekend, its trading volume has also decreased significantly, currently down 32% in the past 24 hours—as per CoinMarketCap data.