#bitcoin

Here's the latest news update on Bitcoin:

Current Price: Bitcoin's current price is $103,520.76, with a 0.73% decrease from its previous close price.

Recent News:

- Bitcoin ETFs: Despite geopolitical tensions, Bitcoin ETFs have seen significant inflows, with one ETF recording 9 days of afflux. This comes as Bitcoin resists market volatility, potentially setting up for a surge.

- Institutional Investment: Semler Scientific aims to buy more Bitcoin, targeting 105,000 BTC by 2027. This move reflects growing institutional interest in Bitcoin as a store of value.

- Global Adoption: El Salvador continues to accumulate Bitcoin, purchasing 240 BTC despite IMF agreements. This demonstrates the country's commitment to embracing Bitcoin as a national currency.

- Bank Adoption: BBVA bank is advising its clients to invest in Bitcoin and Ethereum for better portfolio performance, signaling increased acceptance of cryptocurrencies in traditional finance ¹

Market Trends:

- Market Cap: Bitcoin's market capitalization stands at $2.08 trillion, solidifying its position as a leading cryptocurrency.

- Resistance Levels: Analysts are watching key resistance levels, with $106,000 being a crucial point for potential upward momentum.

- Mining: Bitcoin mining activity is increasing, with some countries exploring its potential for energy stability