$BTC Here’s the latest update on **Bitcoin (BTC)** as of **June 2024**:
### **1. Price & Market Performance**
- **Current Price**: ~$67,000 (subject to volatility; check [CoinGecko](https://www.coingecko.com/) or [CoinMarketCap](https://coinmarketcap.com/) for live updates).
- **Market Cap**: ~$1.3 trillion.
- **24h Trading Volume**: ~$30 billion.
- **Recent Trend**: Bitcoin has been consolidating after hitting an all-time high (~$73,000 in March 2024), with support near $60K and resistance at $70K.
### **2. Key Developments**
- **ETF Inflows**: Spot Bitcoin ETFs (e.g., BlackRock’s IBIT, Fidelity’s FBTC) continue to drive institutional demand.
- **Halving Impact**: The April 2024 halving reduced block rewards to **3.125 BTC**, potentially tightening supply long-term.
- **Adoption**: Growing institutional and sovereign interest (e.g., El Salvador’s Bitcoin bonds, MicroStrategy’s continued accumulation).
### **3. Regulatory Updates**
- **U.S.**: SEC approved spot Bitcoin ETFs but maintains cautious stance on other crypto regulations.
- **Global**: The EU’s MiCA regulations are rolling out, while some countries (e.g., Argentina) are embracing BTC.
### **4. Network Metrics**
- **Hash Rate**: Near all-time highs (~700 EH/s), indicating strong miner commitment.
- **Transactions