#ArizonaBTCReserve

Bitcoin's current price is around $95,249.99, with a 0.50% increase in the last 24 hours. Here are some key updates ¹:

- *Recent Price Movement*: Bitcoin's price has been consolidating around $94,000 after a 10% weekly surge.

- *Institutional Investment*: US spot exchange-traded funds (ETFs) recorded a total inflow of $3.06 billion last week, the highest weekly figure since mid-November, supporting a bullish thesis.

- *Arizona's Bitcoin Reserve*: Arizona state has approved its first-ever Bitcoin reserve, investing 10% of its $31.5 billion state assets in Bitcoin.

- *Market Predictions*: Standard Chartered predicts Bitcoin's price will reach $120,000 in Q2 2025. Analysts also forecast potential rallies toward $115,000 and $100,000.

- *Market Trends*: Bitcoin's profitable supply nears 90%, and strong buyer demand signals a potential price appreciation.

Some notable developments in the cryptocurrency space include ² ³:

- *Crypto ETFs*: Crypto ETFs have witnessed the third-highest weekly inflows of all time.

- *XRP*: XRP has gained over 3% due to the approval of XRP futures ETFs by the US financial regulator.

- *Ethereum*: Ethereum recovered the $1,800 price level after US spot Ether ETFs recorded their first weekly inflows since February.

Keep an eye on these developments for potential market movements.