๐ Todayโs BTC Update โ June 4, 2025
๐น Current Price: $105,998 (+1.48%)
๐น 24h High: $106,809
๐น 24h Low: $104,306
๐น Market Cap: $1.4 Trillion
๐น 24h Volume: $61.6 Billion
๐น BTC Dominance: 56.8%
๐ Key Highlights:
US Job Market Weakens โ Raising expectations for a Fed rate cut. Investors are turning to Bitcoin as a hedge, pushing the price upward.
Bullish Forecast โ Research firm Derive predicts a 44.4% chance that BTC will hit $125,000 by the end of June.
๐ Technical Outlook:
BTC is holding above key support at $96,500.
๐ If it drops below $95,195, next support zones are $90,000 and $87,055.
๐ A breakout above $99,785 may signal a fresh bullish rally.
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