$BTC The price of Bitcoin is currently $104,080.02, with a decrease of 3.60% over the past 24 hours. The market capitalization of Bitcoin is approximately $2.08 trillion.

*Top news about Bitcoin:*

- *Market volatility*: The price of Bitcoin fell below $108,000 after remarks by U.S. Federal Reserve Chair Jerome Powell regarding interest rate cuts.

- *Analyst predictions*: Analysts expect the price of Bitcoin to rise to $200,000, with continued institutional demand and favorable market conditions.

- *Using Bitcoin as collateral*: JP Morgan announced that it will allow institutional clients to use Bitcoin and Ethereum as collateral for lines of credit and loans.

- *Transferring SpaceX balances*: SpaceX transferred Bitcoin worth $133 million between multiple wallets.

- *Market analysis*: Data shows that Bitcoin had an average return of +42.49% in November, with an average yield of +8.81% ¹ ² ³.

*Market outlook:*

- *Potential rise*: If institutional demand continues and market conditions remain favorable, the price of Bitcoin may reach new heights.

- *Concerns over trade tensions*: Trade tensions between the U.S. and China could impact the price of Bitcoin, with the potential for a significant correction ⁴.