$BTC Here's today's Bitcoin update:
*Current Price*: Bitcoin is trading at $106,003, with a 0.03% increase in the last hour and a 1.18% increase since yesterday. Other sources indicate prices of $105,130.39 and $105,963.
*Market Performance*:
- *Market Cap*: $2.11 trillion, ranking #1 among all cryptocurrencies
- *24-hour Trading Volume*: $22.17 billion - $40.85 billion
- *Circulating Supply*: 19.88 million BTC
- *Max Supply*: 21 million BTC
*Price Range*:
- *24-hour Low*: $104,004 - $104,836.19
- *24-hour High*: $106,450 - $106,128.57
*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
- Short-term holders moved 15,000 Bitcoin at a loss, raising the chance for a BTC price dip under $100,000 ¹ ² ³
*News and Updates*:
- Semler Scientific plans to acquire over 100,000 BTC within the next three years
- Arizona lawmakers review Bitcoin reserve bill, potentially paving the way for a state-backed Bitcoin reserve
- CryptoQuant flags historic demand drop, potentially impacting Bitcoin's price ³ ⁴
