As of June 20, 2025, 16:07, the price of Bitcoin is $106,190, an increase of $1,320 from yesterday, with a rise of 1.26%. In the last 24 hours, the highest price was $106,220, and the lowest was $104,080.

In the short term, Bitcoin has risen for five consecutive days and continues to maintain an upward trend on the 20th. The funding situation shows that the trading volume of Bitcoin in the last 24 hours was $29.4697 billion, an increase of 4.50% from the previous day, indicating increased market activity. Technically, attention should be paid to the breakout situation at $106,820 in the spot four-hour chart. A breakout would indicate strength, while a drop below the previous low might lead to continued adjustments.

In the medium term, Bitcoin has increased by 6.10% in the past seven days, but this performance is lower than the 7.20% increase in the global cryptocurrency market. In mid-June, the price of Bitcoin approached the key support level of $94,000, at which point the market was in a tug-of-war situation. Large transaction data showed that sell orders exceeded buy orders, with a net outflow of $21.25 million, and both MACD and KDJ also presented death cross signals. However, the recent price has rebounded, and market sentiment and technical indicators have improved.

From the news perspective, progress has been made in U.S. stablecoin legislation, which may have some impact on the cryptocurrency market. The demand for Bitcoin from institutional investors is also steadily rising, with companies like Metaplanet, Marathon Digital, and Tesla confirming their holdings of BTC, which provides some support for the price.

The above content is based on publicly available information and does not constitute investment advice. The cryptocurrency market has high risks and uncertainties, and investors should make cautious decisions.