Bitcoin at $114K: Experts hint at consolidation post hitting all-time high in mid-August

Bitcoin traded around $114,132 on Thursday. It consolidated between $104,000 and $114,000 after reaching a record high in mid-August. Experts suggest this range indicates a typical post-euphoria phase. Volatility is high, but long-term trends are uncertain. Ethereum traded at $4,405. The overall cryptocurrency market capitalization stood at around $3.96 trillion. Market shows resilience as the U.S. dollar softens.