#BTC #UpdateBTC

Here's the latest Bitcoin update:

*Current Price*: Bitcoin's current price is around $104,171.67 USD, with a 0.65% increase in the last 24 hours. Some sources report the price as $104,063.84 or $105,142.85, but the trend remains similar.

*Market Performance*:

- *Market Cap*: The current market capitalization of Bitcoin is approximately $2.07 trillion USD.

- *24-hour Trading Volume*: The 24-hour trading volume is around $35.83 billion USD.

- *Circulating Supply*: The circulating supply of Bitcoin is about 19.87 million.

*Recent Trends*:

- *All-Time High*: Bitcoin recently hit an all-time high of $111,970.17 in May 2025.

- *Price Changes*: In the last 30 days, Bitcoin's price increased by 7.4%, and in the last 60 days, it rose by 23.12%.

- *Prediction*: Some traders predict that Bitcoin's price will surge in 2025 due to market cyclicality, institutional investor adoption, and incoming liquidity ¹.

*Other News*:

- *Bitcoin Halving*: The fourth Bitcoin halving occurred in April 2024, reducing the block reward for miners. The next halving is expected in 2028.

- *Regulatory Developments*: The US government is arguing that Coinbase user James Harper has no right to block IRS access to his crypto records.

- *Adoption*: The IMF has questioned Pakistan's plan to allocate 2,000 megawatts of electricity for Bitcoin mining amid energy shortages and budget talks ².