#ArizonaBTCReserve
Here's today's Bitcoin report:
- *Current Price*: $95,072.01
- *Market Cap*: $1.88 trillion
- *24-hour Trading Volume*: $28.38 billion
- *Circulating Supply*: 19.85 million BTC
*Key Metrics:*
- *Open Price (24h)*: $94,748.87
- *High (24h)*: $95,620.98
- *Low (24h)*: $93,457.36
- *All-Time High*: $109,852.00
*Market Analysis:*
Bitcoin is currently facing selling pressure at $95,000, but steady buying at the lower end of the trading range suggests a brief period of healthy consolidation. Some analysts predict potential price targets, including:
- *$100,000*: A possible target if Bitcoin breaks through current resistance levels
- $104,894.37: A predicted price within a week, according to some forecasts
- *$120,000*: A potential target by Q2 2025, according to Standard Chartered analysts
*News and Updates:*
- *Arizona Bitcoin Reserve Bill*: The Arizona House of Representatives approved two bills proposing different methods to establish a cryptocurrency reserve.
- *Coinbase Bitcoin Yield Fund*: Coinbase introduced a Bitcoin yield fund seeking 4% to 8% returns.
- *MicroStrategy's Bitcoin Purchase*: MicroStrategy bought another $1.42 billion worth of #BTC.