$BTC

Bitcoin's current market performance is showing a mix of trends. Here's a breakdown ¹ ²:

- *Current Price*: Bitcoin is trading at $79,096.99, with a 4.81% decrease from its previous close.

- *Market Capitalization*: The market cap stands at $1.67 trillion, indicating a significant presence in the cryptocurrency market.

- *Trading Volume*: The 24-hour trading volume is $13.86 billion, with a 41.41% increase, suggesting growing interest in Bitcoin.

*Key Statistics:*

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

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

- *Circulating Supply*: 19.84 million BTC

- *Max Supply*: 21 million BTC

*Market Trends:*

- *Short-Term*: Bitcoin's price has decreased by 0.91% in the last day and 7.97% in the last month.

- *Long-Term*: Bitcoin has increased by 21.97% in the last year and 759.15% since its inception.

*Expert Insights:*

- Some analysts predict a potential drop to $78,000 or even $85,100, citing strong selling pressure and resistance levels.

- Others believe Bitcoin will reach new all-time highs, driven by growing adoption and market demand ².