$BTC / USDT Market Update 🍒🍒

Bitcoin's current price is around🐂🐂 $103,045.79, with a 4.23% increase over the last day, according to Finnhub. Here are some key market news and trends:

- *Market Capitalization*: Bitcoin's market cap stands at $1.93 trillion, dominating the cryptocurrency market.

- *Price Movement*: The current price is $103,009.92, with a 4.21% increase in the last 24 hours, as per CoinMarketCap.

- *Resistance Levels*: Bitcoin is approaching key resistance levels, with $99,824 and $100,756 being crucial points to watch.

- *Institutional Investment*: The recent surge is attributed to optimism over US-China trade talks and renewed institutional demand.

- *Regulatory Developments*: The US Treasury Secretary emphasized the need for clear crypto regulations, backing bills like the Digital Asset Market Structure Bill and the GENIUS Stablecoin Bill.

Some experts predict Bitcoin could reach $120,000 by year-end, driven by global crypto regulation progress and strategic Bitcoin reserve initiatives. However, volatility and uncertainty remain high due to factors like global economic tensions and regulatory changes ¹ ² ³.