Bitcoin's $BTC price has stabilized above $94,000, with a current price of $94,458.08, after experiencing a slight dip.¹ The cryptocurrency's market capitalization stands at $1.89 trillion, with a 24-hour trading volume of over $30 billion.
Despite the recent price fluctuations, Bitcoin's long-term outlook remains positive. Some analysts predict that the cryptocurrency could reach new heights in 2025, citing strong institutional interest and increasing adoption.²
In other news, Arizona State Governor Katie Hobbs has vetoed a bill that would have allowed the creation of a Bitcoin reserve.³ This move is seen as a setback for Bitcoin adoption in the state.
Meanwhile, the Bitcoin Core team is set to remove a controversial limit on the amount of arbitrary data that can be added to Bitcoin transactions. This change is expected to improve the overall functionality of the Bitcoin network. #BitcoinReserveDeadline #USStablecoinBill #MarketPullback #SaylorBTCPurchase 
