
Bitcoin Price Drops After Rejection at $110K Amid Unusual On-Chain Activity
Bitcoin’s price is drifting lower today, trading just above $107,400 at the time of writing after declining by 2.4%. The coin had after briefly touched $110,000 earlier in the session, and the drop reduces the prospect of retesting the all-time high price of $112k during the weekend. However, that decline was not driven by panic…