$BTC The current price of Bitcoin (BTC) against Tether (USDT) varies slightly across exchanges, with values around 94,549.00 USDT to 96,774.1 USDT. The price has shown minor fluctuations, with a recent increase of approximately 0.14% to 0.48% in the last 24 hours. What factors influence the price of BTC?

Several factors influence the price of Bitcoin, including market demand and supply dynamics, investor sentiment, regulatory news, macroeconomic trends, technological developments, and the overall performance of the cryptocurrency market. Additionally, events such as halving, security breaches, and major partnerships can also impact Bitcoin's price significantly.