#Bitcoin Slips Below 104,000 USDT Amid Market Pullback
May 30, 2025 – 16:51 PM (UTC)
#Bitcoin ($BTC ), the world’s largest cryptocurrency by market capitalization, has dipped below the 104,000 USDT mark, according to real-time data from Binance. As of 16:51 PM UTC, $BTC is trading at 103,806 USDT, reflecting a 2.89% decrease over the past 24 hours.
This decline signals a modest pullback in what has otherwise been a strong upward trend in recent months. Market analysts attribute the drop to short-term profit-taking and broader volatility in the crypto sector. Despite the dip, #Bitcoin remains significantly higher than its position earlier in the year, underscoring ongoing investor interest and institutional adoption.
Traders and investors are now watching key support levels and upcoming macroeconomic events for signs of #Bitcoin’s next move.