Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion. The 24-hour trading volume reached $39.69 billion, with the intraday price fluctuating between $116,956 and $119,152. Bitcoin On the 1-hour chart, bitcoin displayed a weakening market structure, characterized by a sequence of lower highs and lower lows, following a local […]
Source: https://news.bitcoin.com/bitcoin-price-watch-rejection-from-124k-sparks-short-term-bearish-outlook/