#CreatorPad ### Bitcoin's Current Situation (as of August 13, 2025)
1. **Price Performance**:
- **Current Price**: $119,700.89 (closing on August 12) , with minor fluctuations (e.g., -0.19% daily dip).
- **Weekly Trend**: Up ~5.8% from the previous week, driven by institutional inflows and regulatory optimism .
- **Yearly Growth**: Surged **102%** from $58,804.23 a year ago, reflecting strong institutional adoption .
2. **Market Metrics**:
- **Market Cap**: ~$2.4 trillion, maintaining ~60% dominance of the total crypto market .
- **Trading Volume**: $72.8B (24-hour volume), indicating active liquidity .
- **Supply**: 19.9M BTC in circulation (95% of max supply) .
3. **Regulatory Catalysts**:
- U.S. "Crypto Week" debates aim to pass clearer regulations, including the **Genius Act** for stablecoins .
- Pro-crypto stance from the Trump administration, including executive orders easing crypto holdings in 401(k)s .
4. **Market Sentiment**:
- **Bullish Drivers**: Bitcoin ETF inflows ($1.18B on August 10), corporate treasury acquisitions, and all-time highs near $123K (July 14) .
- **Bearish Risks**: Regulatory skepticism (e.g., SEC warnings about scams) and volatility from U.S. trade policies .