Bitcoin Profitability Rebounds But Momentum Stalls At $111,000

Bitcoin (CRYPTO: BTC BTC - $111159.761 profitability has rebounded from recent lows, but current levels are not strong enough to confirm renewed momentum, according to fresh Glassnode analysis. What Happened: The cryptocurrency is trading near $111,000, consolidating within the $104,000–$116,000 range after heavy absorption by investors.

Source: benzinga.com

Related symbols: BTCUSD

2025-09-04 13:19:04 GMT.

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Price & Market Data

Price: $111159.761

Volume 24h: $23,517,236,835.99

Market Cap: $2,214,027,661,012.45

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,917,528. The last known price of Bitcoin is 110,944.7666778 USD and is up 0.62 over the last 24 hours. It is currently trading on 12334 active market(s) with $24,435,446,536.49 traded over the last 24 hours. More information can be found at https://bitcoin.org/.