$BTC Bitcoin's current price is $117,859.71, with a market capitalization of $2.36 trillion. The cryptocurrency has seen significant developments recently¹:
- *Price Movement*: Bitcoin recently hit a new all-time high above $123,000, driven by ETF inflows and institutional demand.
- *Institutional Investment*: Spot Bitcoin ETFs have seen remarkable growth, with major issuers like BlackRock reporting significant inflows. IBIT, a Bitcoin trust ETF, has hit an $80 billion AUM milestone.
- *Adoption*: Companies like GameStop and KULR are increasing their Bitcoin holdings, signaling growing institutional confidence.
- *Regulatory Developments*: The US House has advanced the GENIUS Bill, and Coinbase has sued Oregon officials over digital assets policy changes.
*Market Trends:*
- *Bullish Momentum*: Bitcoin's price surge was supported by rising corporate and institutional demand.
- *Price Prediction*: Analysts forecast Bitcoin could reach $150,000 or higher, driven by strong demand and limited supply.² ³
*Key Statistics:*
- *Current Price*: $117,859.71
- *Market Capitalization*: $2.36 trillion
- *24-hour Trading Volume*: $890.72 million
- *Circulating Supply*: 19.89 million BTC
- *Maximum Supply*: 21 million BTC
