$BTC financeturn0finance0
As of March 8, 2025, Bitcoin (BTC) is trading at approximately $86,713, reflecting a 4.09% decrease from the previous close. The day's trading range has seen a high of $91,093 and a low of $84,971.
Recent market movements have been influenced by President Donald Trump's announcement on March 2, 2025, of a U.S. strategic cryptocurrency reserve, which includes Bitcoin among other digital assets. This initiative aims to position the United States as a leader in the cryptocurrency sector. citeturn0news9
Following this announcement, Bitcoin's price experienced significant volatility, initially surging to a high of $95,136 before undergoing corrections. citeturn0news11
Looking ahead, AI-powered predictive models suggest that Bitcoin could reach approximately $102,938 by March 31, 2025, indicating a potential gain of around 16.34% from its current price. citeturn0search4
However, it's important to note that the cryptocurrency market is highly volatile, and actual prices can deviate significantly from predictions. Investors are advised to conduct thorough research and consider their risk tolerance before making investment decisions.