Recently, the Bitcoin (BTC) currency has experienced notable fluctuations in its value. After surpassing the threshold of $109,000 on January 20, 2025, it fell by 25% to around $85,563 on March 19, 2025.
As of March 21, 2025, the price of Bitcoin is trading at around $84,353, with a decrease of $1,913 (-2.22%) from the previous close. The currency reached a daily high of $86,428 and a low of $83,601.
Among the factors influencing the price of Bitcoin recently, the announcement by the collapsed "Mt. Gox" platform about transferring a batch of Bitcoins worth over $930 million on March 11, as part of its efforts to fully repay its customers' debts by October 31.
In addition, the founder of "MicroStrategy", Michael Saylor, indicated that the U.S. government should seek to own a quarter of the total Bitcoin supply by 2035, the year in which 99% of all BTC units will be issued.
These developments and others show the ongoing impact of global events and influential statements on the value of Bitcoin in the market.
$BTC
