$BTC đ Bitcoin: A Turning Point for the Number 1 Crypto
Bitcoin (BTC) is currently trading around $105,224, marking a decline of about 2.7% over the last 24 hours. This correction comes amid a context of high market volatility, fueled by geopolitical tensions in the Middle East and profit-taking after a recent peak above $112,000. Despite this slight setback, analysts remain confident: the long-term upward trend remains intact, supported by institutional interest, particularly through spot Bitcoin ETFs like those from BlackRock and Fidelity. Meanwhile, discussions about increasing Bitcoin adoption by some emerging countries reinforce the idea of a safe-haven asset in times of economic uncertainty. If the support at $100,000 holds, a rebound towards $110,000 could trigger quickly. Stay connected, as every piece of news can spark a wave of movements in the markets!