Bitcoin Pulls Back After Peak
🟡On July 15, Bitcoin’s price dropped to $116.7K, down 4.6% over the past 24 hours. Since its all-time high of $123K recorded the previous day, the price has fallen by $6.4K. The total crypto market capitalization declined by 3.5%, reaching $3.67 trillion. This correction is partly attributed to profit-taking by major players, which triggered over $500 million in forced liquidations.
🟡Despite the pullback, analysts maintain a moderately optimistic outlook: a short-term rise in BTC to $130K is still possible. Net inflows into Bitcoin ETFs totaled $297 million, reinforcing demand. The Fear and Greed Index remains in the “Optimism Zone” at 73 points.
https://crypto-jazz.com/bitcoin/2025/07/16/bitcoin-pulls-back-after-peak/
