#MarketPullback

The price of Bitcoin (BTC) is currently experiencing fluctuations near the $94,600 level. After previous highs exceeding $97,000 at the beginning of May, the price has seen some corrections.

On the news front, the cryptocurrency community is awaiting the U.S. Securities and Exchange Commission (SEC) decision regarding the ETF application for Litecoin (LTC) submitted by Canary Capital, which is scheduled to be announced today. Unlike most other cryptocurrency ETF applications, this request has not experienced any prior delays, raising some speculation about the possibility of early approval. However, analysts expect the final decision to be postponed.

As for future expectations, there remains cautious optimism about Bitcoin's long-term performance. Some forecasts suggest that the price of Bitcoin could reach levels between $108,000 and $127,000 by 2025, supported by institutional investments and technological advancements.

Do you have any other questions about Bitcoin or the cryptocurrency market?