$BTC Bitcoin (BTC) Snapshot: April 30, 2025, 11:50 AM (GMT+6)
Here's a quick look at Bitcoin as of the current time in Karimganj, Dhaka Division, Bangladesh:
Current Price: Around $94,300 - $95,400 USD (fluctuations across different exchanges)
* In Bangladeshi Taka: Approximately ৳115,330,065.53
Market Capitalization: Roughly $1.87T - $1.88T USD
Recent Performance:
* Last 24 Hours: Showing slight fluctuations, generally remaining stable. Some sources indicate a minor decrease (around -0.02% to -0.72%), while others show a slight increase (around +0.60% to +1.29%).
* Last Week: Significant gains, with an increase of around 7% to 10%.
Key News & Developments:
* Market Consolidation: Bitcoin appears to be stabilizing below the $95,500 resistance level as the market awaits significant macroeconomic data from the US this week, including Core PCE inflation, ISM manufacturing figures, and nonfarm payrolls. These reports could influence short-term price movements.
* Institutional Interest: Strong institutional inflows continue to support Bitcoin's price, including a recent $1.42 billion acquisition by Strategy and substantial net inflows into spot Bitcoin ETFs.
* ETF Flows vs. Gold: Research suggests a notable shift from spot gold ETFs to Bitcoin ETFs.
* Exchange Supply Decreasing: The amount of Bitcoin held on cryptocurrency exchanges has reportedly fallen to its lowest level in over six years, attributed to increased accumulation by public companies.
* Arizona Crypto Bills: Arizona lawmakers have passed bills that could position the state as a leader in government cryptocurrency investment, specifically focusing on Bitcoin.
* Analyst Predictions: Some analysts predict potential gains for Bitcoin, with targets around $980 in the short term based on technical analysis and even much higher figures in the long term (e.g., ARK Invest's long-term outlook).
Overall Sentiment: While facing some consolidation in the immediate short term due to upcoming economic data, the overall sentiment seems cautiously optimistic, supported by institutional adoption and decreasing