$BTC
Bitcoin's current situation is looking up, with its price reaching a 70-day peak above $97,000. Here are some key details ¹:
- *Current Price*: Bitcoin's price is around $96,235.56, with a slight decrease of 0.48% from the previous day. Other sources report similar prices, around $96,949.10, with a 0.47% increase.
- *Market Capitalization*: The market capitalization is approximately $1.89 trillion to $1.93 trillion, reflecting a 0.37% to 1.56% increase.
- *Trading Volume*: The 24-hour trading volume is substantial, ranging from $25.57 billion to $26.4 billion.
- *Forecast*: Analysts predict Bitcoin could head back to $100,000 after logging four straight weeks of gains, driven by strong institutional demand and inflows into US spot ETFs. Some analysts even forecast a price of $135,000 in the next 100 days if macroeconomic conditions remain consistent.
- *Market Trend*: The overall crypto market is growing, with a 1.56% increase from last week. Bitcoin's price is hovering around $97,000, following a decisive breakout above its key resistance level.$BTC