Here is a quick summary of the latest news on Bitcoin and cryptocurrencies:
🔹 1. Bitcoin Surge
Current price: $109,644
Increased by 3.75% in the last 24 hours
Predictions of reaching $200,000 according to analysts
🔹 2. Strong Institutional Flows
Investment funds received $7.05 billion in May
Increase in managed assets to $167 billion
🔹 3. Huge Investments
Japanese company Metaplanet intends to buy 210,000 Bitcoins
ETF funds like BlackRock and Fidelity facilitate investment
🔹 4. Global Adoption
Use of Bitcoin in poor neighborhoods in Kenya as a cash alternative
Countries like Bolivia and Morocco are considering adding it to reserves
🔹 5. Regulatory Updates
The UK is considering easing restrictions on cryptocurrency investment
Hack of a major account
$BTC Paraguay and spreading fake news about the digital dollar
✅ Recommendations
Monitor the global financial market
Invest 2–5% through ETF funds
Diversify the portfolio and reduce risks
Follow international regulatory decisions