Bitcoin Price Today, July 16: BTC Falls 2.8% To Trade Near $116,500, Experts See Consolidation

Last Updated:July 16, 2025, 11:04 IST Bitcoin’s sharp over $6,000 decline is a textbook case of healthy profit-taking after an extended rally that pushed prices past $123,000, says an expert. Bitcoin falls as long liquidations exceeded $333 million and Ether also saw roughly $113 million in forced exits. Bitcoin, the world’s biggest cryptocurrency, on Wednesday…

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