On Friday, May 30, 2025, the price of Bitcoin (BTC) against the US Dollar (USD) is trading at around $106,200, recording a 1% decrease over the past 24 hours.

A look at Bitcoin's performance:

24-hour price range: The price fluctuated between $105,648 and $108,938.

Market capitalization: Approximately $2.11 trillion.

Daily trading volume: Estimated at $55.7 billion.

Circulating supply: About 19.87 million Bitcoins out of a maximum of 21 million.

Technical analysis and forecasts:

Despite a slight decline, Bitcoin continues to maintain a strong support level above $106,800, indicating the potential for a price breakout in the near future. Additionally, strong institutional demand, especially from American investors, supports the continuation of the upward trend, with expectations of the price reaching $118,000 in June.

Currency pair: BTC/USD

The BTC/USD pair is one of the most traded currency pairs in the cryptocurrency market, reflecting the actual value of Bitcoin against the US Dollar. This pair is widely used in technical analysis and day trading, and it is considered a key indicator of Bitcoin's performance in global markets.

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