#btcupdates $BTC #BTCUSDTAnalysis
Bitcoin's current price is around $101,770 to $103,178, with a 24-hour trading volume of approximately $41.28 billion to $46.10 billion. Its market capitalization stands at around $2.02 trillion to $2.05 trillion.
*Key Metrics:*
- *24-hour Change*: -1.93% to -3.21%
- *7-day Change*: -3.12% to -3.86%
- *30-day Change*: +4.47% to +8.81%
- *1-year Change*: +42.85% to +43.02%
*Recent News:*
- Bitcoin's price drop may be due to ongoing tensions and long-term investors taking profits, with a crucial support level at $95,600 to maintain upward trends.
- The number of large investors in CME Bitcoin futures has reached a historic high of 217, indicating a significant rise in institutional investors' interest in Bitcoin.
- A whale investor, James Wynn, was liquidated, losing around $2.9 million due to the price drop ¹ ².