#TradingTypes101 $BTC
Bitcoin's current price is $104,530.20 with a market capitalization of $2.09 trillion. The cryptocurrency has experienced a slight decline of 0.22% in the last 24 hours, with its price stabilizing around $106,000 after three consecutive days of correction. This correction is attributed to profit-taking activity among holders, which has reached a three-month high ¹.
*Recent News:*
- *Bitcoin's Price Prediction*: Analysts forecast Bitcoin to reach $118,000 soon after breaching its all-time high. Other predictions include $150,000 by August and $200,000 by the end of 2025.
- *Institutional Interest*: JPMorgan has started allowing clients to buy Bitcoin ETFs, despite CEO Jamie Dimon's skepticism. This move signals broader crypto acceptance in traditional finance.
- *Regulatory Developments*: The US Senate has advanced the GENIUS Act, a bipartisan bill aimed at regulating stablecoins. Pakistan plans to