$BTC The price of Bitcoin is currently $107,835.51, with a decrease of 4.08% over the past 24 hours. The market capitalization of Bitcoin is approximately $2.26 trillion.
*Top news about Bitcoin:*
- *Bitcoin Surge*: Bitcoin's price surpassed $126,000, supported by increasing demand for high-risk assets following the announcement that the United States and China reached a preliminary framework for a trade agreement.
- *Analysts' Predictions*: Analysts expect Bitcoin's price to rise to $200,000, with continued institutional demand and favorable market conditions.
- *Using Bitcoin as Collateral*: JP Morgan announced it will allow institutional clients to use Bitcoin and Ethereum as collateral for lines of credit and loans.
- *SpaceX Transfers*: SpaceX transferred Bitcoin assets worth $133 million between multiple wallets ¹ ².
*Market Predictions:*
- *Potential Rise*: If institutional demand continues and market conditions remain favorable, Bitcoin's price could rise to new levels.
- *Concerns Over Trade Tensions*: Trade tensions between the United States and China could impact Bitcoin's price, with the possibility of a significant correction ³.