Bitcoin (BTC) is a decentralized cryptocurrency with a current price of around $102,893.29, showing a 0.92% increase over the last 24 hours. Here's a breakdown of its key stats ¹:
- *Market Capitalization:* $2.04 trillion, with a 0.93% increase
- *24-Hour Trading Volume:* $64.01 billion, representing an 88.58% increase
- *Circulating Supply:* 19.86 million BTC
- *Maximum Supply:* 21 million BTC
Some notable price predictions from analysts include:
- *Targeting $120,000:* One analyst predicts a final pump to $122,069 before a potential drop to $60,000 in 2026
- *Reaching $250,000:* Another analyst believes Bitcoin can easily hit $250,000 and higher, driven by institutional investment
- *Testing All-Time Highs:* Some analysts expect Bitcoin to test its all-time high of $109,356 or even reach $155,000
Recent developments include ²:
- *Net Inflows:* Bitcoin ETFs saw net inflows of $604 million in the first half of May, totaling over $2.8 billion
- *El Salvador's Holdings:* The country holds over $644.4 million in Bitcoin, with unrealized profits of over $357 million
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. If you're interested in investing, consider studying technical analysis and market trends$BTC