Recent price and market situation
Current price: approximately $103,900
Market cap: approximately $2.06 trillion
24-hour trading volume: approximately $46.8 billion
BTC in circulation: 19.86 million
Recently crossed the $100,000 level, which is the first time since February.
🌍 Factors affecting the market
US-China trade agreement: Recently, a trade agreement was made between the US and China in Geneva, bringing stability to the global market and increasing the price of Bitcoin.
Institutional investment: The company "Strategy" has purchased a large amount of Bitcoin, exceeding the daily mining supply, which has increased pressure on Bitcoin's supply.
🔮 Future predictions
Experts say if it breaks above $104,000, it could enter the next phase of "price discovery," potentially reaching new highs.
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