Bitcoin is currently hovering around $108 055, down approximately 0.75% over the past 24 hours. The 24-hour range shows volatility between roughly $107 300 and $108 900, with trading volume tracking in the $40 billion range—solid liquidity. Over the past week and month, $BTC is up modestly, reflecting stabilization following its late‑May peak near $111 970 .
Recent market drivers include significant institutional inflows into Bitcoin ETFs—nearly $50 billion—and strong macroeconomic catalysts like U.S. strategic reserve developments and prospective central bank rate cuts . Near‑term resistance lies at $114 000, a breakout point that could trigger a 25% rally .