$BTC As of today, June 8, 2025, Bitcoin (BTC) is showing relatively stable movement, with its price hovering around $105,000. Over the past 24 hours, there has been a slight increase of about 0.5%, indicating some recovery.
Trading volume remains significant, but price fluctuations have been in a relatively narrow range over the past 24 hours, with a low of around $104,815 and a high of around $105,972.
More broadly, the market remains bullish, with some experts predicting that the price of Bitcoin could reach $120,000 by the end of 2025, or even $200,000 by the end of 2025, according to Standard Chartered. Some blockchain initiatives, backed by major players such as Tether, are focusing on institutional finance, which could lead to more capital inflows into the crypto space.
However, investors should be aware that cryptocurrencies are volatile and past performance is no guarantee of future results. It is important to monitor technical analysis, such as the Relative Strength Index (RSI), which is currently in the neutral zone, indicating a potential bullish divergence.😎