As of January 15, 2025, Bitcoin (BTC) is trading at approximately $96,860, reflecting a 2.23% increase over the past 24 hours. The 24-hour trading volume stands at around $53.7 billion, with a market capitalization of approximately $1.92 trillion. Bitcoin's circulating supply is about 19.81 million BTC, nearing its maximum supply of 21 million coins.
In recent developments, Bitcoin's price has shown significant volatility, recently surpassing the $100,000 mark before experiencing a pullback. This fluctuation is influenced by various factors, including institutional investments and regulatory developments.
Notably, companies like MicroStrategy have continued to invest heavily in Bitcoin. As of November 2024, MicroStrategy owned approximately 331,200 bitcoins, valued at around $31.2 billion, funded through substantial stock sales. This aggressive acquisition strategy has significantly impacted its stock market valuation.
Please remember that the cryptocurrency market is highly volatile, and prices can change rapidly. It's advisable to consult multiple sources and exercise caution when making investment decisions.#ReboundOutlook