$BTC Current Price: About $102,000 (recently dropped from $105,000).

Reason for the Drop: Profit-taking and reduced tariff risk following a trade agreement between the US and China.

Long-Term Trend: Bitcoin has shown strong performance due to institutional buying and expectations of lower interest rates in the US.

Government and Institutional Movements

US Government: President Donald Trump announced a "Strategic Bitcoin Reserve" to store Bitcoin at the federal level.

State of Arizona: Created a cryptocurrency reserve fund to handle unclaimed cryptocurrency assets.

Institutional Buying: The company "Strategy" purchased 13,390 BTC worth $1.34 billion, exceeding its 2025 target.

Other Major News

Eric Trump's Crypto Company: His company American Bitcoin plans to go public through a merger with Gryphon Digital Mining.

London Launches Regulated Crypto Platform: The UK's first regulated platform, GFO-X, now offers Bitcoin futures and options for institutional traders.