$BTC Bitcoin's recent surge isn't directly reflected in today's data, but here's what's happening based on the latest available information¹ ²:
- *Current Price*: Bitcoin's price is around $90,899.18, showing a 3.2% increase in the last 24 hours.
- *Market Capitalization*: The market cap stands at approximately $1.803 trillion.
- *Possible Reasons*: Some potential factors contributing to Bitcoin's surge include:
- *Increased Market Activity*: A 32.10% increase in trading volume suggests growing interest and activity in the market.
- *Fed Independence Risks*: Standard Chartered's recent statement suggests Bitcoin might continue rising amid potential risks to Fed independence.
- *Market Sentiment*: Open interest in Bitcoin has seen a sharp uptick, indicating a surge in market sentiment.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. For the most up-to-date information, consider checking reliable sources like CoinGecko or Finnhub.