$BTC Bitcoin's current price is $104,554.50 with a 0.55% increase in the last 24 hours. Its market capitalization stands at approximately $2.05 trillion. Here's a breakdown¹:

- *Current Price*: $104,554.50

- *Market Capitalization*: $2.05 trillion

- *Open Price*: $103,983.97

- *High Price*: $105,819.45

- *Low Price*: $103,569.77

- *Percent Change*: 0.55%

Some analysts predict Bitcoin could reach new highs, potentially surpassing $106,000 or even $109,000, driven by factors like²:

- *US-China Trade Deal*: A 90-day tariff reduction agreement between the US and China has boosted Bitcoin's price

- *Institutional Investment*: Analysts expect increased institutional investment in Bitcoin, potentially driving prices up

- *Market Sentiment*: Bitcoin's price surge is accompanied by a decline in Bitcoin Miner Reserve, indicating strong demand

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. For the most up-to-date information, consider checking reliable sources like Binance or TradingView.³