$BTC Bitcoin (BTC) is currently trading around $97,000, showing slight volatility over the past day. Its market capitalization remains the largest among cryptocurrencies, hovering near $1.9 trillion, dominating over 66% of the total crypto market. Recent news indicates investors are taking profits, a behavior often seen in the later stages of a bull market, which could lead to short-term price corrections.
However, institutional interest seems to be growing, with reports of BlackRock purchasing a significant amount of Bitcoin. Globally, Bhutan has partnered with Binance Pay to launch a national crypto-based tourism payment system, highlighting increasing real-world adoption. While some analysts predict a potential rise to $135,000 in the near term, others caution about possible pullbacks. Bitcoin's limited supply and increasing adoption continue to make it a significant player in the financial landscape.