As of August 22, 2025, Bitcoin's price has been experiencing some volatility following a recent all-time high of over $124,000 last week. The price has pulled back and is currently trading around the $113,000 mark.

​This downturn is attributed to several factors:

​Macroeconomic Headwinds: Concerns about inflation, new US tariffs, and broader weakness in equity markets are weighing on investor sentiment.

​Profit-Taking: After the significant surge to a new record, many short-term holders have been selling off their Bitcoin to realize gains.

​Regulatory Uncertainty: An ongoing SEC probe into a partner of a financial company has also added to the market's unease.

​Federal Reserve Policy: The market is cautiously watching for signals from the Federal Reserve, particularly regarding any potential changes in interest rates, which could influence the value of risk assets like cryptocurrencies.

​Despite the recent dip, analysts note that technical support levels around $112,000 and $113,000 have been holding, suggesting a level of resilience. Additionally, on-chain data indicates that "Bitcoin whales" (large holders) have been accumulating more BTC, which points to a strong underlying demand for the asset.#MarketPullback #StrategyBTCPurchase #PowellWatch #ETHInstitutionalFlows #CryptoRally