Today's news about Bitcoin indicates an upward trend, with the price of BTC rebounding above $112,000 after falling to a new weekly low of $111,066.
On September 18, the price reached a new monthly high of $117,998, but fell slightly following a wave of selling and cautious statements from Federal Reserve Chairman Jerome Powell. Markets were optimistically awaiting key US inflation data.
Currently, BTC is trading at $112,885, has a market capitalization of $2.24 trillion, and has a 24-hour trading volume of $48.25 billion.
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