$BTC As of February 22, 2025, Bitcoin (BTC) is trading at approximately $96,745, reflecting a 2.09% decrease from the previous close.
Recently, Bitcoin's price experienced a decline after a significant security breach at the Bybit exchange, where $1.5 billion in cryptocurrency was stolen. This event has contributed to increased market volatility.
In contrast, Cathie Wood, CEO of ARK Investment Management, maintains a positive outlook on Bitcoin. She views the recent price consolidation as a healthy development and anticipates substantial future growth.
Additionally, MicroStrategy, now operating as Strategy Inc., has announced plans to raise $2 billion through convertible bonds to acquire more Bitcoin, underscoring continued institutional interest in the cryptocurrency.
However, policy uncertainties and macroeconomic factors, such as inflation concerns and potential Federal Reserve actions, continue to influence Bitcoin's price dynamics.
Overall, while Bitcoin faces short-term challenges, long-term institutional interest and strategic investments suggest a resilient outlook.