#GENIUSActPass Bitcoin's current situation is dynamic, with its price and market capitalization reflecting the complex interplay of global economic factors and specific cryptocurrency market trends. Here's a breakdown ¹ ² ³:

- *Current Price*: Bitcoin is trading at around $103,902.46 to $104,037.56, with a slight decrease of 0.68% to 0.98% over the last 24 hours.

- *Market Capitalization*: The market cap stands strong at approximately $2.06 trillion to $2.13 trillion, ranking it #1 in the cryptocurrency market.

- *Trading Volume*: The 24-hour trading volume is around $32.42 billion to $57.29 billion, with an 11.37% increase.

- *Circulating Supply*: The circulating supply is approximately 19.87 million BTC, with a maximum supply of 21 million BTC.

- *All-Time High*: Bitcoin's all-time high price was $111,970.17 on May 22, 2025, and it's currently trading 4.63% to 7.1% below that peak.

Market sentiment is mixed, with some analysts predicting a potential fall to $100,000, while others see the current price as a consolidation phase before a potential upward trend. Recent news includes ⁴:

- *Institutional Investment*: Companies like Prenetics and The Blockchain Group are increasing their Bitcoin holdings, with the latter acquiring another $20 million in Bitcoin.

- *Mining*: Bitmain, Canaan, and MicroBT are launching US-based production units in response to tariffs.

- *Market Trends*: Bitcoin's price action is being influenced by global events, such as tensions between Israel and Iran, and economic indicators like the FOMC results.