$BTC

Here's the latest on Bitcoin's current situation:

Current Price and Market Stats

Bitcoin's current price is around $96,477.30, with a 0.89% increase in the last 24 hours ¹. Its market capitalization stands at $1.91 trillion, with a circulating supply of 19.82 million BTC.

Market Sentiment and Trends

The crypto market displays enduring strength, with a daily trading volume of $103.09 billion ². Bitcoin holds a 60.1% share of the total market value, maintaining its dominance. However, market sentiment shows fear, with the fear and greed index currently standing at 35.

Price Performance

Bitcoin's price has increased by 0.33% in the last hour and 1.41% in the past 24 hours ³. However, its price has fallen by 1.24% in the past week. The current price is $96,588.03 per BTC, with a 24-hour trading volume of $28.40B.

Regulatory Environment

Hong Kong has confirmed that Bitcoin and Ether can be used to prove wealth for investment visas ³. Additionally, Goldman Sachs has doubled down on Bitcoin ETFs, boosting holdings to $1.5 billion in Q4 2024.

Mining and Network Activity

Bitcoin network activity has hit 12-month lows, with transactions dropping 55% from peak ³. The Bitcoin difficulty has also hit new highs, signaling miner capitulation and a possible bottom.