$BTC Bitcoin's current price is $96,150.01, with a market cap of $1.89 trillion. Here are some key updates:
Recent Price Movement
- Bitcoin's price has seen a 0.91% decrease, trading between $95,852.29 and $97,895.68.
- Some reports indicate a larger drop, with Bitcoin falling to $81,500 due to US stock futures sell-off ahead of Trump's 'Liberation Day' tariffs.¹ ²
Market Trends
- *Institutional Investment*: Bitcoin ETFs have accelerated the four-year Bitcoin halving cycle, despite growing uncertainty fueled by global trade wars.
- *Market Analysis*: Bitcoin's price is ready to break out of consolidation as alarming US GDP data increases chances of Fed interest rate cuts.³ ⁴
Adoption and Investment
- *Metaplanet's Bitcoin Holdings*: Metaplanet is now the world's 10th-largest corporate Bitcoin holder, aiming to acquire 21,000 BTC by 2026.
- *Michael Saylor's Strategy*: Strategy has acquired 6,556 Bitcoin for $555.8 million, bringing total holdings to 538,200 BTC.
Other Developments
- *Cantor Fitzgerald's Bitcoin Venture*: Cantor Fitzgerald, Tether, and SoftBank have launched a $3 billion Bitcoin venture.
- *Coinbase's Bitcoin Yield Fund*: Coinbase has launched a Bitcoin yield fund for institutions.
- *ARK Invest's Price Target*: ARK Invest has raised its 2030 Bitcoin price target to $2.4 million.⁵
