$BTC
The price of Bitcoin is hovering around 116,714 dollars with a negative variation of -0.19% in the last hours and has moved in a minimum range of 115,878 dollars and a maximum of 117,630 dollars in the last 24 hours.
Bitcoin maintains a bullish structure, with respected technical support and increasing buying volume.
The cryptocurrency is near a key resistance zone at 116,800 dollars. If it surpasses this level, it could rally towards 123,000 - 125,000 dollars.
The market dominance of BTC is 59.7%, reaffirming its leadership in the crypto ecosystem.
Factors influencing the trend.
U.S. politics, the executive order by Donald Trump allowing pension funds to invest in cryptocurrencies has generated optimism in the market.
Appointment at the Fed, the nomination of Stephen Miran, a Bitcoin advocate, to the Federal Reserve Board has also been seen as a positive catalyst.
Institutional adoption, the growing interest from financial institutions continues to strengthen the perception of BTC as a strategic asset.
Image taken from the web
The price of Bitcoin is hovering around 116,714 dollars with a negative variation of -0.19% in the last hours and has moved in a minimum range of 115,878 dollars and a maximum of 117,630 dollars in the last 24 hours.
Bitcoin maintains a bullish structure, with respected technical support and increasing buying volume.
The cryptocurrency is near a key resistance zone at 116,800 dollars. If it surpasses this level, it could rally towards 123,000 - 125,000 dollars.
The market dominance of BTC is 59.7%, reaffirming its leadership in the crypto ecosystem.
Factors influencing the trend.
U.S. politics, the executive order by Donald Trump allowing pension funds to invest in cryptocurrencies has generated optimism in the market.
Appointment at the Fed, the nomination of Stephen Miran, a Bitcoin advocate, to the Federal Reserve Board has also been seen as a positive catalyst.
Institutional adoption, the growing interest from financial institutions continues to strengthen the perception of BTC as a strategic asset.
Image taken from the web
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BTC
116,612.88
-0.28%