$BTC
As of January 10, 2025, Bitcoin (BTC) is trading at approximately $92,764, reflecting a slight increase of about 0.78% from the previous close.
In recent weeks, Bitcoin's price has experienced fluctuations, influenced by various economic indicators and market sentiments.
Notably, Bitcoin surpassed the $100,000 milestone in early December 2024, driven by the launch of Bitcoin Spot ETFs in the U.S., which significantly boosted investor confidence.
However, subsequent stronger U.S. economic data and a robust dollar have applied downward pressure on Bitcoin's price, leading to recent declines.
Despite this volatility, Bitcoin maintains a dominant position in the cryptocurrency market, with a market capitalization of approximately $1.8 trillion, accounting for about 55% of the total crypto market value.
Investors should remain attentive to upcoming economic reports and market trends, as these factors are likely to continue influencing Bitcoin's price movements in the near future.