Bitcoin updates today!

Bitcoin's current price is $116,413.73, with a 0.28% decrease in the last 24 hours.

The market capitalization stands at $2.32 trillion, and the 24-hour trading volume is $55.45 billion.

Here are some key updates.

- Recent Price Movement: Bitcoin's price has been fluctuating, with a 24-hour low of $115,917.46 and a high of $117,304.66.

- Institutional Investment: Harvard University has invested $116 million in BlackRock's Bitcoin ETF, indicating growing interest in cryptocurrency among major endowments.

- Market Sentiment: The Crypto Fear & Greed Index is at 67, suggesting a neutral market sentiment.

- Energy Consumption: Bitcoin's energy consumption has sparked debate, with some arguing it's excessive and others defending its use as a proportion of renewable energy sources.

- Price Prediction: Analysts predict Bitcoin could challenge the $120,000 to $123,218 resistance zone, but crossing it may be challenging for bulls.

- Adoption: Fewer than 1 million people globally hold a full Bitcoin, representing less than 0.02% of the global population.

Some notable developments in the Bitcoin ecosystem include:

- Bitcoin ETFs: The iShares Bitcoin Trust ETF (IBIT) has seen significant investment, with a current price of $66.13.

- Mining Revenue: Core Scientific's mining revenue plummeted in Q2, highlighting challenges in the Bitcoin mining industry.

- Regulatory Environment: The SEC's evolving stance on Bitcoin and liquid staking has sparked institutional interest and IPO activity.