Bitcoin Pulls Back Amid Interest-Rate Hopes and Risk Appetite

Bitcoin's price has pulled back on Monday as traders weigh interest-rate signals and risk appetite across financial markets.

The cryptocurrency traded near $117,027 late in the session, down about 0.8% on the day.

Digital assets have remained sensitive to expectations for Federal Reserve policy, with lower-rate hopes often helping speculative assets and tighter-rate fears pressuring them.

Crypto investors are also watching whether institutional demand can keep supporting prices after a volatile summer stretch.