$BTC **$BTC**, the flagship cryptocurrency, remains the cornerstone of the crypto market, dominating with a ~50% market share. Today, Bitcoin’s price action hinges on macroeconomic cues (Fed rate decisions, inflation data) and institutional adoption trends, with spot Bitcoin ETFs accumulating holdings despite volatility. The 2024 halving’s supply squeeze narrative persists, though skeptics question its near-term impact. Layer-2 networks like Lightning gain traction, boosting BTC’s utility for payments. Regulatory scrutiny intensifies, particularly around ETF custodians and miner energy use, while countries like El Salvador double down on BTC integration. Traders watch key support/resistance levels ($60K-$65K), balancing long-term “digital gold” optimism with short-term macro and liquidity risks.