$BTC

Bitcoin (BTC) is currently trading around $107,139 on Binance, reflecting a minor 1.8% uptick as the market digests recent developments. According to Binance, BTC has seen a ~2.1% drop in the past 24 hours after failing to break through the $108K resistance, mainly due to the Fed ruling out a June rate cut following a 2.4% CPI print . Technical indicators point to weakening momentum, but analyst Michael van de Poppe suggests a rebound could occur if BTC surpasses $110.5K, with dip-entry zones at $107K–108K . Macroeconomic factors—like upcoming PPI data and geopolitical tensions—could trigger volatility and determine whether BTC holds its $106K–$107K support or dips toward $100K .