#CryptoSecurity101 Bitcoin's current situation is looking up, with its price hovering around $104,454.78 and a 3.02% increase over the last day. The market capitalization stands at approximately $2.07 trillion, with a 24-hour trading volume of $50.11 billion. Here are some key statistics:
- *Current Price*: $104,454.78
- *Market Capitalization*: $2.07 trillion
- *24-Hour Trading Volume*: $50.11 billion
- *Circulating Supply*: 19.87 million BTC
- *Max Supply*: 21 million BTC
*Market Trends:*
- *Price Prediction*: Bitcoin's consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules.
- *Institutional Investment*: Companies like Know Labs are investing heavily in Bitcoin treasury strategies, with plans to buy 1,000 BTC. Michael Saylor's Strategy has also upsized its stock offering to $1 billion to buy more Bitcoin.
- *Regulation*: Europe plans to regulate decentralized finance in 2026, while Switzerland expects to enforce a bill on automatic exchange of crypto information with 74 countries by late 2026 ¹ ².
*Related Assets:*
- *Wrapped Bitcoin (WBTC)*: $104,282.41, 2.80% increase
- *Bitcoin Cash (BCH)*: $396.40, 3.23% increase
- *iShares Bitcoin Trust ETF (IBIT)*: $59.26, 2.40% increase
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Overall, Bitcoin's market is showing positive sentiment, with potential for further growth driven by institutional investment and regulatory developments.
