Market Update (as of August 12, 2025)
Price Outlook & Volatility
Bitcoin is currently trading around $118,457, down approximately 2.2%—a dip fueled by anticipation of the U.S. Consumer Price Index (CPI) data and its impact on Federal Reserve policy. Higher-than-expected inflation could delay rate cuts, strengthening the U.S. dollar and pressuring digital assets like BTC.
Bullish Momentum on Watch
Despite the pullback, some analysts remain optimistic, suggesting a potential breakout toward $131,000 if bullish momentum holds.
BTC
68,805.92
+3.63%