Here's the latest update on Bitcoin:
- Current Price: $104,346.04
- Market Cap: $2.08 trillion
- 24-hour Change: 2.14% increase
- Open Price: $102,158.01
- High Price: $104,426.97
- Low Price: $100,718.37
Some recent notable developments in the Bitcoin ecosystem include ¹ ²:
- Institutional Adoption: Metaplanet, a Tokyo-listed company, has added nearly $130 million to its Bitcoin reserve, surpassing El Salvador's holdings.
- Regulatory Updates: Oregon has passed a law recognizing Bitcoin as collateral, while Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments.
- Price Predictions: Analysts predict Bitcoin could reach $106,000-$110,000 in the near future, with some forecasting a potential surge to $200,000 at the cycle top.
- Market Trends: Bitcoin's hodler entities are more active than ever, with 14 million BTC gaining "illiquid supply" status, and whales continue to accumulate above $100,000.
Would you like to know more about Bitcoin's price analysis or recent news?