$BTC Bitcoin's current price is around $94,435, with a 0.60% increase in the last 24 hours. Its market capitalization stands at approximately $1.87 trillion. Here are some key statistics:

- *Current Price*: $94,435

- *Market Cap*: $1.87 trillion

- *24-hour Trading Volume*: $20.66 billion

- *Circulating Supply*: 19.86 million

- *Max Supply*: 21 million

The price of Bitcoin has been volatile, with a 52-week range of $38,501 to $108,496.90. Factors influencing its price include:

- *Federal Reserve's Interest Rate Decisions*: Potential rate cuts or hikes can impact Bitcoin's momentum.

- *Institutional Adoption*: Growing interest from institutions can drive price increases.

- *Macroeconomic Landscape*: Global economic trends and surprises can affect Bitcoin's price.

Some analysts predict Bitcoin will reach $500,000 to $1 million in this market cycle, driven by institutional adoption and favorable policies.