#MarketPullback Bitcoin's current situation is dynamic, with its price hovering around $93,726.99. Here's a breakdown of its current state:

Key Statistics:

• Current Price: $93,726.99

• Market Capitalization: $1.89 trillion

• 24-Hour Price Range: $93,514.10 - $95,758.08

• Percent Change: -2.00% in the last 24 hours

• Dominance: Bitcoin's dominance stands at 63.64%, indicating its strong position in the cryptocurrency market

Market Trends:

• Correlation with Gold: Bitcoin's price movement is increasingly correlated with gold, with both assets seeing significant gains in recent weeks. Gold has climbed 11.37% since April 9, closely tracking Bitcoin's 11.7% rise over the same period.

• Strategic Bitcoin Reserve: The U.S. Treasury is set to submit a report outlining the establishment and management of a national Strategic Bitcoin Reserve, potentially influencing the global digital asset landscape.

• Price Prediction: Analysts predict Bitcoin could reach $100,000, driven by institutional and corporate demand. Some forecasts suggest a potential rally toward $135,000 in the coming months   .

Related Assets:

• Wrapped Bitcoin (WBTC): $93,712.33, -1.99% change

• Bitcoin Cash (BCH): $352.10, -1.76% change

• iShares Bitcoin Trust ETF (IBIT): $53.27