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Bitcoin (BTC) had one of its most significant runs over the last few days. The largest cryptocurrency by market cap climbed to a new all-time high of $122,838 on July 14. BTC’s price has fallen by 5% from its recent peak. The asset’s dip has triggered a wider market correction. BTC is currently down 4.1% in the daily charts. Despite the pullback, BTC continues to glow green in the other time frames. The asset has rallied 7.1% in the weekly charts, 9.5% in the 14-day charts, 10.9% over the previous month, and 86.3% since July 2024. Source: CoinGecko Minor Bitcoin Correction, Or Is The Bull Run Ending? Source: Watcher.Guru The latest market dip comes amid a massive profit-taking phase. Whale activity has significantly surged on Binance, the world’s largest crypto exchange by volume. Experts have highlighted Bitcoin’s sudden rise from $108,000 to $123,000. The rapid rise has left a supply gap between $110,000 and $116,000. There could be sudden price fluctuations in...