$BTC 📈 BTC Movement Today:
Current Price: Approximately $105,803, up by about $169 (+0.16%) since the last close.
Today's high reached about $105,904, and the lowest level was $105,110.
🔍 What’s behind this small increase?
1. Technical Reaction: A slight recovery after a noticeable decline over the past few days, driven by technical support near the 104,000 – 105,000 dollar level, which attracted new buyers.
2. Breakthrough in Political-Economic Tensions: Recent tensions between Trump and Musk negatively impacted the markets, prompting some traders to bet on Bitcoin as a temporary hedge asset.
3. Etherspot ETF Institutional Flows: With institutional investors entering returns and positions in Ether, the overall market confidence is being bolstered, contributing to BTC movement.
📝 Summary of the Short Post
📅 Date Today: June 8, 2025
💲 BTC Price: ~ $105,800 (+0.16%)
📊 What’s the reason? Technical support at 104–105 K$, decreased political tensions between Trump and Musk, and increased institutional confidence in the market even through other assets like Ethereum.