Price and Market Overview

Bitcoin is currently trading around $114,100 – $114,600 USD, stabilizing just under the recent all-time high near $123,000 in mid-July 2025. Market cap is approximately $2.27 trillion.  

• Volume remains robust at ~$59B–60B over the past 24 hours, reflecting healthy trading activity.

📉 Sentiment & Technical Outlook

• Trading sentiment is showing increased caution: demand for downside protection has risen as traders hedge against volatility. Some technical analysis suggests a potential dip to the $109K area before new upside momentum materializes. 

• However, broader market sentiment has a modestly bullish tone, supported by expectations of a U.S. Federal Reserve rate cut in September, which could lift crypto assets.

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