$BTC ๐ Bitcoin (BTC) Market Update:
Current Price: ~$61,800
24h Change: +2.4%
7-Day Change: +5.9%
Market Cap: ~$1.2 Trillion
Dominance: ~48.3%
๐ Highlights:
Investor Sentiment: Gradually shifting to bullish due to positive ETF inflows and regulatory clarity in the U.S.
Institutional Activity: BlackRock and Fidelity ETFs continue to see strong interest.
Halving Aftermath: The April 2024 halving continues to impact supply dynamics, with long-term holders reducing selling.
Global Influence: Bitcoin adoption is growing in Latin America and Southeast Asia as a hedge against inflation.