$BTC

Btc price has surged to $96,818, marking a 2718.0 increase over the past 24 hours. This brings it closer to its all-time high of $108,786.0 and represents a significant recovery from its February low of $78,900 and April bottom of $75,000. The market cap stands at $1,923,693,847,227.0, solidifying Bitcoin's position as a major player in the global financial ecosystem.

Recent news highlights Bitcoin's upward momentum, driven by institutional interest and the potential for Federal Reserve rate cuts. Analysts note that Bitcoin's recent price appreciation is a result of long-term momentum rather than a temporary phenomenon. Major purchases by treasury companies and steady capital inflows through ETFs have contributed to the surge. The market is optimistic about Bitcoin reaching the $100,000 level, with increased trading volume and positive sentiment fueled by the psychological round number effect and expectations of expanded liquidity.

The current price of Bitcoin is around $97,024, with a 24-hour change of +3.36%.

Here's a brief overview of the short-term and long-term predictions:

- Next 10 days: $96,636 to 1,00,000

- *Long-term prediction*:

- 2025 maximum price, $110,722

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