$BTC
As of January 31, 2025, Bitcoin (BTC) is trading at approximately $104,359.00, experiencing a slight decrease of 0.11% from the previous close.
Recent developments have significantly influenced Bitcoin's valuation. Notably, President Donald Trump's administration has adopted a pro-crypto stance, proposing the establishment of a strategic national Bitcoin reserve. This policy shift has contributed to Bitcoin's price surpassing the $100,000 mark.
Analysts predict that Bitcoin's price could exceed $120,000 by early 2025, driven by expectations of reduced regulatory pressures and increased institutional adoption under the current administration.
Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your financial situation before making investment decisions.