$BTC #BTCupdown

$BTC Update -
As of January 31, 2025, Bitcoin (BTC) is trading at approximately $105,175, with a 1% increase in the last 24 hours. The market capitalization stands at $2.01 trillion, with a 24-hour trading volume of $57.22 billion. In Bangladeshi Taka (BDT), BTC is priced at around ৳12.85 million.

Key Updates:

Spot Bitcoin ETF Options: The launch of Nasdaq's spot Bitcoin ETF options has increased investor interest, with BlackRock's IBIT leading the market.

Political Influence: Donald Trump’s re-election and his pro-Bitcoin stance have boosted market optimism. He supports crypto regulation and proposes a U.S. Bitcoin reserve.

UK Bitcoin Sale: The UK government considers selling £5.2 billion worth of seized Bitcoin to address public finances.

Russia & Crypto: Russia is exploring Bitcoin for international transactions to counter Western sanctions, though liquidity issues may limit its effectiveness.

Institutional Investment: BlackRock CEO Larry Fink predicts Bitcoin could rise to $700,000 if major funds allocate 2-5% of their assets to BTC.

Market Outlook:

Bitcoin remains highly volatile, with bullish institutional support but ongoing regulatory and geopolitical risks. For real-time updates, refer to reputable financial platforms.

$BTC #xdjibonmahmud #BTCUpdate2025
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