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$BTC Here are 10 key points about Bitcoin as of today (May 22, 2024): 1. **Current Price**: Bitcoin (BTC) is trading around **$69,000**, showing volatility after recent ETF-driven rallies. 2. **Market Cap**: Dominates with over **$1.36 trillion**, holding ~53% of the total crypto market. 3. **ETF Impact**: Spot Bitcoin ETFs (like BlackRock’s IBIT) continue driving institutional demand. 4. **Halving Aftermath**: The April 2024 halving reduced block rewards to **3.125 BTC**, tightening supply. 5. **Adoption**: Major firms (MicroStrategy, Tesla) hold BTC; El Salvador maintains it as legal tender. 6. **Regulation**: The U.S. SEC remains cautious, approving ETFs but still debating crypto frameworks. 7. **Layer-2 Growth**: Lightning Network usage rises, boosting BTC’s scalability for payments. 8. **Macro Factors**: Fed rate cuts (or hikes) influence BTC’s appeal as a risk asset/inflation hedge. 9. **Competition**: Ethereum ETFs gaining traction, but BTC remains the “digital gold” standard. 10. **Outlook**: Analysts predict $100K+ targets by 2025 amid institutional adoption and supply shocks. *(Note: Prices/trends may shift rapidly—check live data on CoinGecko or TradingView.)* 🚀
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#BTC110KToday? $110K. A landmark moment that celebrates the journey so far and the limitless road ahead.$BTC $PEPE #BTCBreaksATH110K #BTC110KToday? #BinanceAlphaAlert #BinanceHODLerHAEDAL
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