#BTC Here's today's Bitcoin update:
*Current Price*: Bitcoin is trading at $107,173.20 with a 1.22% increase. Another source indicates a price of $107,629.00 with a slight decrease of 0.97% in the last hour and a 2.10% increase since yesterday.
*Market Performance*:
- *Market Cap*: $2.10 trillion - $2.14 trillion
- *24-hour Trading Volume*: $31.53 billion - $39.57 billion
- *Circulating Supply*: 19.87 million - 19.88 million BTC
- *Max Supply*: 21 million BTC
*Price Range*:
- *24-hour Low*: $104,300.00 - $105,684.46
- *24-hour High*: $106,128.57 - $108,952.38
*Recent Trends*:
- Bitcoin's price strength is influenced by institutional demand, with potential for new highs.
- Analysts predict a potential surge to $167,000 or a drop to $85,000 based on market trends.
- Geopolitical tensions and regulatory developments are impacting Bitcoin's price ¹ ².
*News and Updates*:
- Trump's social media platform, Truth Social, proposed the issuance of a dual-spot Bitcoin and Ether ETF, backed by assets held by Crypto.com.
- Metaplanet's stock surged over 20% after announcing its latest Bitcoin buy and a $210 million bond issuance to buy even more.
- Bitcoin DeFi is taking root on Sui, with potential for growth and adoption ³ ⁴.$BTC