Current Bitcoin Price*: $97,254.06
Recent Price Movement : Bitcoin's price has increased by 0.70% in the last 24 hours, with a current market capitalization of $1.89 trillion. The cryptocurrency has seen a high of $97,895.68 and a low of $96,184.19.
Market Trends:
- Institutional Investment : Growing interest from institutions, with companies like Cantor Fitzgerald and SoftBank launching a $3 billion Bitcoin venture.
- Green Energy : Bitcoin mining now uses over 50% green energy, according to a Cambridge study.
- Regulatory Updates : The UK's Financial Conduct Authority is seeking public input on staking, lending, and DeFi, while the EU plans to ban anonymous crypto accounts and privacy coins by 2027.
Expert Predictions:
- Price Targets : ARK Invest has raised its 2030 Bitcoin price target to $2.4 million.
- Market Outlook : Some analysts expect Bitcoin's price to break out of consolidation, potentially reaching $150,000 by summer.
What's Next?: Stay tuned for updates on Bitcoin's price movement, regulatory developments, and adoption news.
