#BTCvsETH Bitcoin's current price is $117,217.73, with a 0.07% increase and a market capitalization of $2.35 trillion. Recent developments include¹ ²:
- *New All-Time High*: Bitcoin recently hit a new all-time high of $123,218 before consolidating around $118,000.
- *Institutional Investment*: Spot Bitcoin ETFs have accumulated over $48 billion in net inflows since their launch, outperforming gold and other US ETFs with a 65% return since January 2024.
- *Adoption*: Companies like Sequans have increased their Bitcoin holdings, with Sequans buying 1,264 BTC for $150 million.
- *Price Prediction*: Analysts forecast Bitcoin could reach new highs, driven by strong demand and limited supply.