Bitcoin $BTC Update
Current Price: Approximately 94,500–94,568 USD, with a 24-hour trading volume of 18.5–19.2 billion USD.
Recent Movement: Up around 0.76% today, consolidating near 94,000 USD after a 10% weekly gain.
Market Cap: 1.86–1.88 trillion USD.
Key Levels: Yearly high at 109,114 USD, with recent support above 90,000 USD.
Halving Impact: The April 2024 halving reduced block rewards to 3.125 BTC; next expected in 2028. Analysts note muted post-halving volatility due to market maturity.
Trends: +8% monthly and +48–49% yearly gains, driven by institutional demand and macroeconomic factors.