#BTCBackto100K
Bitcoin's current price is around $102,730.91, with a 3.93% increase, bringing its market cap to approximately $1.93 trillion. Here are some key updates ¹:
- *Current Price*: $102,730.91
- *Market Cap*: $1.93 trillion
- *24-Hour Change*: 3.93% increase
- *Open Price*: $98,847.21
- *High Price*: $104,145.76
- *Low Price*: $98,723.25
Some analysts predict Bitcoin could reach new highs, driven by factors such as ² ³:
- *Institutional Investments*: Growing interest from institutional investors, with companies like MARA increasing their Bitcoin holdings
- *Market Sentiment*: Renewed bullish sentiment and increased market dominance above 60%
- *Regulatory Progress*: Positive legislative and regulatory developments
Other notable developments include ²:
- *Coinbase Acquisition*: Coinbase's $2.9 billion acquisition of crypto derivatives exchange Deribit
- *Ethereum Pectra Upgrade*: Ethereum's Pectra upgrade, which improves account abstraction and smart contract functionality