Price and Performance:
* The price of Bitcoin is around $103,000 - $105,000 USD. It has experienced a slight decrease in the last 24 hours, with a variation of approximately -1% to -1.8%.
* Despite daily fluctuations, Bitcoin has shown positive performance over longer periods: +0.33% in the last week, -0.76% in the last month, and a notable +61.35% to +63.33% in the last year. Its recent all-time high is around $111,814 - $112,000 USD.
Market Capitalization and Volume:
* The market capitalization of Bitcoin hovers around $2.05 trillion to $2.08 trillion USD, maintaining its dominance in the cryptocurrency market (around 65-66% of total capitalization).
* The trading volume in the last 24 hours has been approximately $38 billion to $48 billion USD. The trading volume of BTC has increased by 11% since yesterday.
* The current circulating supply is approximately 19.88 million BTC out of a maximum supply of 21 million BTC.
News and Analysis:
* Volatility and Sentiment: The price of Bitcoin has been trading in a sideways range, with some analysts suggesting that it could stay above $100,000 USD during the summer, although with minimal upward movement according to seasonal data from the third quarter.
* Institutional Movements: It has been reported that BlackRock has quietly accumulated 3% of all Bitcoins. Additionally, companies like Semler Scientific have revealed plans to purchase a significant amount of BTC by 2027. JPMorgan also plans to accept Bitcoin ETFs as collateral globally.
* Geopolitical Factors: The conflict between Israel and Iran has had a temporary impact on market momentum. However, Bitcoin ETFs in the U.S. have maintained a streak of fund inflows.
* Regulatory and Adoption News: Canada has approved the first spot XRP ETF on the Toronto Stock Exchange. Bills regarding Bitcoin reserves are also being discussed in Arizona, and the Ethereum Foundation seeks to add $AKE to its ecosystem.
In summary, Bitcoin shows a slight correction in the short term after having recently reached a new all-time high. However, institutional interest and developments in adoption suggest a positive long-term outlook.
