Here's the latest Bitcoin news:

# Market Updates

- *Current Price*: Bitcoin's current price is $107,822, with a 2.13% decrease in the last 24 hours.

- *Market Cap*: The market capitalization of Bitcoin stands at $2.18 trillion.

- *Recent Trend*: Bitcoin's price has been consolidating gains and is currently trading below $110,000, with analysts debating whether a breakout or correction is imminent.¹

# Recent Developments

- *GameStop's Bitcoin Purchase*: GameStop acquired 4,710 Bitcoins, adding to its holdings.

- *El Salvador's Bitcoin Purchase*: El Salvador's Bitcoin Office bought more Bitcoin shortly after the IMF announced a reviewed loan deal with the country.

- *Block's Bitcoin Payments*: Block, Inc. is rolling out Bitcoin payments on Square, allowing merchants to hold or auto-convert Bitcoin to fiat.

# Expert Insights

- *Bitcoin Rally*: Analysts predict Bitcoin's price discovery rally could continue if it holds key levels.

- *Price Prediction*: Some analysts forecast Bitcoin reaching $200,000 by year-end, citing growing momentum and potential start of a new bull run.

- *Market Sentiment*: Bitcoin's calm price action feels dangerous to some analysts, who predict a potential correction or breakout.² ³