$BTC 📈 Bitcoin Price and Market Movement

Bitcoin remains close to $95,000: After reaching a recent high of $95,000, the price of Bitcoin stabilizes in that range. Analysts highlight a significant influx of new investors, with a "hot supply" close to $40 billion, indicating an increase in speculative activity. ​

BlackRock boosts the market with massive purchase: BlackRock's ETF acquired nearly $1 billion in Bitcoin, providing "structural support" to the price, according to analysts. This massive purchase has been seen as a key factor in the recent upward momentum. ​