$BTC #The current price of Bitcoin is $116,855.78, with a decrease of 1.26% from the previous price. The market capitalization of Bitcoin is $2.35 trillion. Bitcoin has seen an increase recently, reaching an all-time high of $119,676.73.

*Important Bitcoin News:*

- *CoinDCX Hack*: The CoinDCX platform was hacked for $44 million, and the CEO confirmed the hack of the internal wallet.

- *Signing of the GENIUS Act*: Former U.S. President Trump signed the GENIUS Act into law, joking that it was "named after me".

- *Increase in Bitcoin Price*: Bitcoin rose after the U.S. House of Representatives passed cryptocurrency laws, briefly exceeding the $120,000 mark.

- *Decrease in Bitcoin*: The price of Bitcoin dropped by over 3%, shedding

its record-high levels, as markets anticipate a busy week of critical legislation for the cryptocurrency industry ¹ ².

*Analyst Predictions:*

- Some analysts believe that Bitcoin could reach $200,000 before 2026, with a 90% increase from the current price.

- Others see that Bitcoin may face pressure from whales, and it may take time to achieve a new all-time high ².