Record growth of Bitcoin provokes profit-taking

11:29 - 15.07.2025


July 15, Fineko/abc.az. On Tuesday, July 15, bitcoin went into decline as traders began taking profits after the record growth of the most popular cryptocurrency the day before.

ABC.AZ reports, referring to Bloomberg, that the cost of bitcoin fell below $117,000. Bitgo Inc analyst Stefan von Henisch believes that "this is just a standard pullback after the market overheats". According to the analyst, the next key support level for bitcoin is located at around $114,000.