(BTC) is currently trading at $96,611, with a 2.07% increase in the last 24 hours. Here are some key news descriptions about coin pairs with BTC:
- *Institutional Investment*: BlackRock's IBIT fund has surpassed $43 billion in inflows, driving Bitcoin's price above $97,000.
- *Market Trends*: Bitcoin's market cap stands at $1.92 trillion, with a 24-hour volume of $29.09 billion.
- *Price Predictions*: Analysts predict Bitcoin could reach $100,000, with some forecasts as high as $130,000 or even $200,000.
- *Adoption*: Metaplanet, a Japanese Bitcoin treasury company, has crossed the 5,000 Bitcoin threshold, while Brown University has invested $4.9 million in BlackRock's Bitcoin ETF.
- *Sustainable Energy*: Over half of Bitcoin mining now relies on sustainable energy sources, according to a Cambridge study.
Some notable BTC pairs include :
- *BTC/USD*: Bitcoin's price surge has been driven by institutional demand and easing macroeconomic fears.
- *BTC/ETH*: Two Prime, an SEC-approved investment firm, has shifted its focus from Ethereum to Bitcoin.
- *BTC/stablecoins*: Growing stablecoin demand could drive Bitcoin's price up, according to MEXC COO.