Bitcoin is trading around $104,714, down 0.2% today, amid global uncertainty from the Israel-Iran conflict and the U.S. Federal Reserve’s decision to hold interest rates steady. Despite a monthly low of $103,940, analysts see consolidation, with some predicting a rise to $145,000 in the second half of 2025. U.S. Bitcoin ETFs have seen eight consecutive days of inflows, totaling over $2.2 billion, reflecting strong institutional interest. Ohio’s new bill exempts Bitcoin transactions under $200 from state capital gains tax, boosting crypto adoption. Meanwhile, Chinese mining giants like Bitmain are shifting operations to the U.S. amid trade tensions. Bitcoin remains resilient despite short-term selling pressure from miners and traders.
