$BTC

BTC

Current Market Conditions:

Price: Hovering around $103,000 - $106,000, with some volatility.

Recent Volatility: Bitcoin has experienced some price fluctuations, dropping from over $108,000 to below $103,000 due to geopolitical tensions (for example, reports of a potential U.S. strike on Iran), before recovering.

Consolidation: The market is currently in a consolidation phase, with traders split on the next significant price movement.

Institutional Demand: There is strong institutional demand for Bitcoin, as Bitcoin exchange-traded funds listed in the U.S. are seeing significant net inflows.