Bitcoin is trading around $105,700, up 0.11% today, with the crypto market showing slight gains, per CoinMarketCap. The global crypto market cap is $3.29 trillion. Investors are cautious ahead of US-China trade talks and upcoming US CPI and PPI inflation data, which could impact prices. Bitcoin holds above the 50-day moving average despite recent volatility, but the RSI at 53.50 signals market uncertainty. Institutional interest remains strong, with companies like Gemini filing for a US IPO amid rising crypto confidence. However, profit-taking and geopolitical tensions, including Trump’s tariff threats, pose risks. Analysts predict a potential rally to $120,000 if trade tensions ease.
