Slight Dip in Bitcoin Price: CoinDesk Index Falls by 0.47% to $108056.81 – Market Analysis

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The CoinDesk Bitcoin Price Index reveals a 0.47% drop to $108056.81, ending the two-day gaining streak. This decline represents a $506.48 decrease in the day’s trading.

The index also shows a month-to-date increase of 0.25% and a year-to-date surge of 15.68%. However, it’s still down by 3.51% from its record intraday high of $111986.44, which was recorded on May 22, 2025.

Compared to 52 weeks ago (July 8, 2024), when Bitcoin traded at $56493.99, the index is up by an impressive 91.27%. Nonetheless, it’s down by 3.51% from its 52-week intraday high of $111986.44 on May 22, 2025. Conversely, it’s up by a massive 118.04% from its 52-week intraday low of $49314.04, reported on August 5, 2024.

During the day, Bitcoin traded as low as $107526.02, marking a 0.96% drop at this intraday low. The CoinDesk Bitcoin Price Index (XBX) data was compiled at 4 p.m. ET close by Dow Jones Market Data.

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