$BTC Bitcoin's current price is $104,079.83, with a market cap of $2.06 trillion. Here are some key updates:
- *Price Movement*: Bitcoin's price has seen a 0.92% increase, with a current price of $104,079.83. The cryptocurrency has stabilized around $103,000 after rallying nearly 10% this week.
- *Market Outlook*: Analysts predict Bitcoin could reach $105,000 after nearly 10% weekly gains, driven by positive market sentiment and risk-on sentiment.
- *Institutional Investment*: Ukraine is considering partnering with Binance to create a national strategic Bitcoin reserve. American Bitcoin, backed by Eric Trump and Donald Trump Jr., is going public through an all-stock merger with Gryphon Digital Mining.
- *Market Trends*: The cryptocurrency market is experiencing a cooldown after sustaining gains for almost two weeks, buoyed by heightened risk-on sentiment amid easing trade tensions between the US and China.¹ ² ³