$BTC Bitcoin is currently trading around $105,700, showing slight gains in the past 24 hours. The cryptocurrency market as a whole is largely in the green, with Bitcoin's market capitalization over $2.1 trillion.

However, caution is advised as the market remains sensitive to external factors like the ongoing US-China trade talks. Some analysts suggest Bitcoin risks slipping below $105,000, with potential for a deeper correction towards $100,000. Despite short-term volatility, long-term institutional interest continues, with companies like Metaplanet actively acquiring BTC. Bitcoin's price fluctuations are influenced by speculative trading, market sentiment, and broader economic conditions.