#AirdropSafetyGuide Bitcoin's latest updates are as follows ¹ ²:
- *Current Price*: $96,594.54, with a 1.21% increase.
- *Market Capitalization*: $1.88 trillion.
- *Recent Trends*: Bitcoin has seen significant inflows, with US spot ETFs recording a total inflow of $2.68 billion. Its price surged to $97,000, driven by strong institutional demand.
Some notable developments include ³ ⁴:
- *Institutional Adoption*: Morgan Stanley plans to enable cryptocurrency trading on its E*Trade platform by 2026.
- *Price Predictions*: Veteran trader Peter Brandt predicts Bitcoin could rally to $150,000 by summer if it regains the broken parabolic slope. Bitwise's head of research forecasts a "base case" of $200,000 by the end of 2025.
- *Market Analysis*: Bitcoin's price is consolidating around $94,000, holding onto a recent 10% increase. Some analysts believe it could break out of consolidation due to potential Fed interest rate cuts.
Other news includes ⁴:
- *Regulatory Developments*: The US Treasury wants to cut off Huione Group's access to the US banking system due to alleged ties to crypto crime.
- *Exchange Updates*: Kraken has finalized its acquisition of NinjaTrader, enabling traditional derivatives trading for US customers.