Bitcoin Price Watch: Rejection From $124K Sparks Short-Term Bearish Outlook – Bitcoin News

Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion. The 24-hour buying and selling quantity reached $39.69 billion, with the intraday value fluctuating between $116,956 and $119,152. Bitcoin On the 1-hour chart, bitcoin displayed a weakening market construction, characterised by a sequence of decrease highs and decrease lows, following a neighborhood […]



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