๐Ÿ“‰ Bitcoin Dips Below $114.5K Briefly โ€“ What's Driving the Slide?



Bitcoin has taken a noticeable dip, slipping 2.56% in the past 24 hours and briefly falling below the $114.5K mark during early Asian trading on Friday. Currently, BTC is trading around $115.7K โ€” still far from its record high of $123K reached on July 14.

So, whatโ€™s behind this sudden pullback? ๐Ÿง

๐Ÿ”บ Macro Tensions Rising: Renewed tariff announcements from the White House have sent shockwaves across Asian markets. Stock indexes across the Asia-Pacific closed deep in the red, and this broader risk-off sentiment seems to have spilled into crypto.

๐Ÿ”ป Waiting for the Next Catalyst: After the sharp climb to all-time highs, Bitcoin appears to be entering a cooling-off phase. Itโ€™s now trading within a tighter range, showing signs of consolidation rather than panic.

๐Ÿ’ผ Institutional Calm: Despite last weekโ€™s high-profile BTC offload from a major player, most institutions are staying put. This suggests long-term conviction remains intact, even amidst short-term turbulence.

๐Ÿ“Š What's Next?
Will we see a bounce from here, or is more downside on the horizon? The market seems to be watching closely for macroeconomic signals โ€” any fresh headlines could act as the next big mover.

Stay sharp, stay informed โ€” and always manage your risk. ๐Ÿง โš–๏ธ
#BTC#
BTC-0.35%
HOUSE-11.44%
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