Market Highlights:

Approaching All-Time High: Bitcoin's current price places it just 3.5% below its previous all-time high, signaling strong bullish momentum.

Technical Indicators: Analysts are observing the formation of a "golden cross," a bullish signal where the 50-day moving average crosses above the 200-day moving average. This pattern previously preceded significant price surges.

Institutional Interest: #JPMorgan an has shifted its preference from gold to Bitcoin, forecasting that BTC will outperform gold for the remainder of 2025.

Market Capitalization: #bitcoin n's recent rally has contributed to a $250 billion increase in the overall cryptocurrency market capitalization, with BTC's market dominance rising above 53%.