#BTCvsMarkets Bitcoin's market performance is a hot topic, with various factors influencing its value. Here's a breakdown¹:

- *Current Price*: Bitcoin's current price is around $82,559.80, with a 0.21% increase over the last 24 hours.

- *Market Capitalization*: The market capitalization stands at approximately $1.63 trillion, reflecting a 0.21% increase.

- *Trading Volume*: The 24-hour trading volume is around $13.86 billion, with a 41.41% increase.

Key Statistics

- *Circulating Supply*: 19.84 million BTC

- *Total Supply*: 21 million BTC

- *All-Time High*: $109,114.88 (January 20, 2025)

- *All-Time Low*: $0.04865 (July 14, 2010)

Market Trends

- *Dominance*: Bitcoin's dominance in the crypto market is around 62%, with some analysts predicting a potential reversal, which could lead to an altcoin season.

- *Long/Short Ratio*: The long/short ratio indicates a bullish sentiment, with more traders holding long positions.² ³

Influencing Factors

- *Regulatory Developments*: Changes in regulations can significantly impact Bitcoin's price and adoption.

- *Energy Consumption*: Concerns about Bitcoin's energy consumption and environmental impact continue to spark debate.

- *Institutional Investment*: Growing interest from institutional investors can influence market trends.