Bitcoin Price Slips to $113,500 as Traders Await US Fed Chair Jerome Powell’s Remarks

Bitcoin traded around $113,500 (roughly Rs. 1.01 crore) on Monday, consolidating after a volatile week marked by leverage unwinding. Analysts say the market reset could create a stronger foundation for recovery, with Ethereum steady above $4,000 (roughly Rs. 3.56 lakh). Investors are closely tracking Jerome Powell’s speech today, which may provide clarity on rate cuts and macroeconomic direction.