Bitcoin is currently priced around $107,576, showing a small increase today. It recently dropped to about $104,600 but has bounced back, reaching a high of $107,700 in the last 24 hours. This recovery is partly due to easing tensions in the Middle East.
Even with this rise, Bitcoin is still about 5% lower than its recent peak of $112,000. Some traders see a bullish pattern forming around the $105K level, which could mean more upward movement soon.
However, many investors are still cautious. Bitcoin often moves with stocks and gold, so its role as a “safe” asset remains uncertain during times of global financial or political stress.