#BTCvsMarkets Bitcoin's current price is around $93,667.12, with a market capitalization of approximately $1.85 trillion. Its dominance in the cryptocurrency market is around 63.3%, indicating investor confidence in Bitcoin over other cryptocurrencies.

*Key Statistics:*

- *Current Price*: $93,667.12

- *Market Capitalization*: $1.85 trillion

- *24-hour Trading Volume*: $56.31 billion

- *Circulating Supply*: 19.85 million BTC

- *Maximum Supply*: 21 million BTC

*Market Performance:*

- *1-day Change*: 1.1% increase

- *7-day Change*: 10.8% increase

- *1-year Change*: 41.2% increase

*What Drives Bitcoin's Market Performance?*

- *Investor Sentiment*: Bitcoin's dominance indicates market confidence, with investors viewing it as a safer bet during uncertainty.

- *Market Volatility*: Bitcoin's price can fluctuate rapidly, influenced by factors like supply and demand, adoption rates and regulatory changes ¹ ².