$BTC

Bitcoin (BTC) currently trades around $103,477, down slightly after earlier reaching intraday highs above $106,000. A recent surge above $106K reversed sharply to under $103K, triggering ~$450 million in crypto liquidations during a volatility burst . Despite geopolitical uncertainties, such as Middle East tensions, BTC remains resilient above $105K, with market participants awaiting cues from the U.S. Federal Reserve .

Institutional adoption continues apace: MicroStrategy raised $1 billion to acquire 10,100 more BTC, pushing its holdings to 592,100 coins . Public firms emulating “bitcoin treasury” strategies now hold over $87 billion in combined BTC reserves . Futures and chart‑based analysts suggest downside risk may hit $92K, though summer forecasts range from $108K up to $130K+ . In sum, BTC is navigating volatility, bolstered by corporate accumulation and macroeconomic optimism, but remains sensitive to broader market and policy developments.