Bitcoin's current price is $121,785.14, with a 3.04% increase in the last 24 hours. Its market capitalization stands at $2.33 trillion. Here are some key updates ¹:
- *Current Price Range*: Bitcoin's 24-hour range is between $117,466.34 and $122,164.07.
- *Recent Price Movement*: Bitcoin has broken above the $116,000 resistance level, with bulls targeting $120,000 amid market optimism following President Donald Trump's executive order to include crypto in US 401(k) retirement accounts.
- *Market Sentiment*: Bitcoin traders are excited about a potential short squeeze, with some predicting a return to all-time highs.
- *Influential Opinions*:
- Michael Saylor believes Bitcoin will outperform the S&P 500 indefinitely.
- Mike Novogratz thinks Trump's executive order could be Bitcoin's next big catalyst.
- *Adoption News*: El Salvador has passed a Bitcoin-friendly banking law, and investment banks may soon be allowed to hold Bitcoin.
- *Price Predictions*: Some analysts predict Bitcoin could reach $200,000, although market odds imply less than a 3% chance of this happening by December 2025 ² ³.
[11/08, 8:25 am] Meta AI: Bitcoin's current price is $121,785.14, with a 3.04% increase in the last 24 hours. Its market capitalization stands at $2.33 trillion. Here are some key updates ¹:
- *Current Price Range*: Bitcoin's 24-hour range is between $117,466.34 and $122,164.07.
- *Recent Price Movement*: Bitcoin has broken above the $116,000 resistance level, with bulls targeting $120,000 amid market optimism following President Donald Trump's executive order to include crypto in US 401(k) retirement accounts.
- *Market Sentiment*: Bitcoin traders are excited about a potential short squeeze, with some predicting a return to all-time highs.