$BTC #Latest updates of $BTC Here's the latest Bitcoin news:
*Market Updates*
- Bitcoin's current price is $97,002.68, with a 2.23% increase, reaching a market cap of $1.88 trillion.
- The cryptocurrency is consolidating around $94,000 after a 10% weekly surge, supported by strong institutional demand.
- US spot ETFs recorded a total inflow of $2.68 billion until Thursday ¹ ².
*Institutional Investments*
- Mike Novogratz's Galaxy Digital is eyeing a Nasdaq listing pending shareholder approval.
- Bitwise CIO Matt Hougan predicts a surge in demand for Bitcoin ETFs from Wall Street wirehouses in 2025.
- Morgan Stanley reportedly plans to enable cryptocurrency trading on its E*Trade platform by 2026 ².
*Expert Predictions*
- Veteran trader Peter Brandt predicts Bitcoin's price could rally to $150,000 by summer if it regains the broken parabolic slope.
- Bitwise's head of research forecasts Bitcoin's "base case" for the end of 2025 at $200,000 without further government adoption.
*Industry Developments*
- Kraken finalizes NinjaTrader acquisition, enabling traditional derivatives trading for US customers.
- Tether posts $1 billion in Q1 operating profit, with $5.6 billion excess in reserves.
- Coinbase appeals to the Supreme Court to end the third-party doctrine allowing access to customer data ³ ².