#ShareYourThoughtOnBTC
Bitcoin is currently trading at around $96,301.00, with a 24-hour trading volume of $24.82B.
The price of BTC is up 0.70% since last hour, down -0.27% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $1.91T. BTC has a circulating supply of 19.83M coins and a max supply of 19.83M BTC.
Some of the factors that are currently affecting the price of Bitcoin include:
* US inflation data: Recent US inflation data has put pressure on assets, but Bitcoin has remained relatively steady amid market tensions.
* US government focus on the US dollar: The US government's focus on the US dollar could lead to further declines in the price of Bitcoin.
* SEC scrutiny of cryptocurrencies: The SEC's recent actions against XRP and other cryptocurrencies have created uncertainty in the market.
Overall, the Bitcoin market is currently experiencing some volatility. However, the long-term outlook for Bitcoin remains positive.