$BTC
The latest performance of Bitcoin today shows a slight decline of about -1.7% from the previous close, currently trading at $107,747. It recorded a high of $110,277 during the session, while the low was $107,491.
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🔍 Current key trends:
• A more mature market, but low volatility
Some analysts point to a shift in the cryptocurrency market towards a less volatile model with increased institutional adoption and improved regulation .
• Approaching all-time high
Bitcoin is nearing a record ceiling close to $112,000. This level represents significant technical resistance, while support is around $107,000 and $100,000.
• Optimism and calm before U.S. inflation data
Investors are closely monitoring the U.S. Consumer Price Index data for May, as the results may impact Federal policy and its effect on high-risk assets like Bitcoin.
• Increased optimism on social media
The sentiment index (Santiment) indicates that the ratio of positive comments on Bitcoin has surpassed negative ones by 2.12 to 1 – the highest ratio since Trump's election announcement in November