$BTC
Latest news about Bitcoin (BTC):
*Current Price:* Bitcoin is trading at $97,346.00 with a 1.47% increase in the last 24 hours. Its market capitalization stands at $1.933 trillion.
*Recent Developments:*
- *Metaplanet's Aggressive Accumulation:* Metaplanet acquired another 555 BTC for $53 million, bringing its total holdings to 5,555 BTC valued at over $536 million.
- *New Hampshire's Strategic Bitcoin Reserve:* New Hampshire has become the first US state to establish a strategic Bitcoin reserve, marking a significant milestone for crypto policy.
- *Bitcoin ETFs:* Spot Bitcoin ETFs accumulated nearly 6 times more BTC than miners produced in the past week, driving an aggressive wave of accumulation.
- *Institutional Interest:* Vivek Ramaswamy's asset management firm plans to go public and use shares to buy Bitcoin, while Strive Asset Management merges with Asset Entities to form the first publicly traded Bitcoin treasury asset manager.
*Market Trends:*
- *Bullish Sentiment:* Bitcoin's realized capitalization has reached $890 billion, with traders positioning for a possible rally to $100,000.
- *Dominance:* Bitcoin's dominance is increasing, with some analysts predicting a potential price surge.