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Here’s the latest snapshot for Bitcoin (BTC):
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Bitcoin Today: Market Overview (as of August 17, 2025)
Price & Market Movement
Current price: approximately $117,924 USD, showing very modest movement from the previous close .
Other sources report similar figures:
CoinMarketCap: about $117,979 (+0.16%)
Binance: around $117,958 to $118,060 (+0.17%)
Coinbase: about $117,966; down ~5% from its all-time high
All-Time High & Recent Correction
Bitcoin recently soared to a new all-time high above $124,000, hitting approximately $124,000–$124,496 on August 14, 2025 .
In the following days, a pullback to around $119,000 occurred, attributed to profit-taking and evolving policy signals .
Analysis & Forecast
Analysts warn that Bitcoin may be testing key support levels, possibly around $110,000, which aligns with technical indicators like the 100-day moving average Bitcoin tends to undergo a **correction after 5–7 weeks