$BTC Here’s the latest on Bitcoin (BTC):

🟠 Price Snapshot

Current price: ~$103,676 USD

24‑hour change: down 1.16% (–$1,214)

Recent high/low: ~$105,888 / ~$100,781

📉 What’s Driving the Downtrend?

Bitcoin has dropped over 4% within 24 hours, with a sharp fall through the pivotal $100K mark .

There's broader market pressure from macroeconomic factors and uncertainty, as well as the ongoing Trump–Musk clash affecting sentiment in crypto and stocks . The recent dip under $101K came amid this “escalating tensions” .

🟢 Silver Linings

On‑chain activity is rising, suggesting increasing network participation despite price stagnation .

Some analysts foresee a rebound, targeting $125K in June and possibly $150–200K by year-end .

🔍 Summary

BTC is currently down after a swift pullback from recent highs. The dip reflects a mix of market-wide risk-off behavior, tension from notable figures, and volatility in global capital flows. But fundamentals like network growth and bullish analyst forecasts hint at possible recovery ahead.