#BTCReclaims120K
Bitcoin (BTC) is currently trading at around $121,166.61, with a 3.02% increase in the last 24 hours. The cryptocurrency's market capitalization stands at approximately $2.42175 trillion USD, with a 24-hour trading volume of $78.37 billion USD.
Key Statistics:
Current Price: $121,166.61
Market Capitalization: $2.42175 trillion USD
24-hour Trading Volume: $78.37 billion USD
Circulating Supply*: 19.90 million BTC
All-time High: $123,091.61
Recent Trends:
Bitcoin has surged above $122,000, within 1% of its all-time high, following last week's pro-crypto White House executive order and three strong days of Bitcoin ETF inflows.
The cryptocurrency's price has risen by 5.90% in the last 7 days, with a 2.60% increase in the past 24 hours.
Bitcoin's market dominance stands at around 58.4%, with a market capitalization of $2.43 trillion USD.
Market Outlook:
Experts are debating whether Bitcoin's predictable four-year cycles are at an end as institutions get into crypto in a big way.
Bitcoin traders are getting excited over a huge short squeeze as BTC price predictions include a return to all-time highs.