#BinanceAlphaAlert *Bitcoin Update: Market Trends and Analysis*

Bitcoin, the world's first and largest cryptocurrency, continues to dominate the market with a current price of $103,205.40 and a market capitalization of $2.06 trillion. Here's a breakdown of the latest trends and updates:

*Market Performance*

- *Current Price*: $103,205.40

- *Market Capitalization*: $2.06 trillion

- *24-hour High*: $103,866.51

- *24-hour Low*: $101,383.07

- *Percent Change*: -0.23%

*Recent Developments*

- *Ukraine Eyes Bitcoin for National Reserves*: Amid war and uncertainty, Ukraine is considering adding Bitcoin to its national reserves, potentially paving the way for other countries to follow suit.

- *US Senate to Vote on Stablecoin Bill*: The US Senate is likely to vote on the stablecoin GENIUS Act by Memorial Day, refining key elements such as ethics, consumer protection, and bankruptcy protection.

- *Bitcoin Mining Post-Halving*: As Bitcoin mining faces new challenges post-halving, miners are adapting to new realities and securing their places in the Bitcoin ecosystem ¹ ².

*Expert Predictions*

- *Bitcoin to Hit $140,000*: Analysts predict Bitcoin's next price top could reach $140,000, driven by steady capital inflows and bullish technical data.

- *Institutional Investors Accumulating*: Despite short-term bearish pressure, institutional investors continue to accumulate Bitcoin, with over $2.2 billion in capital inflows since the beginning of May ³ ².

*What's Next for Bitcoin?*

As the cryptocurrency market remains range-bound, experts advise caution ahead of key economic indicators, such as the US Producer Price Index (PPI) data. A soft PPI reading could boost risk-on assets like Bitcoin. With its strong market structure and growing institutional participation, Bitcoin's outlook remains optimistic ³.