$BTC
As of Monday, June 9, 2025, at 9:46:30 PM IST:
* Bitcoin (BTC) is currently trading around $105,700 - $107,900 USD.
* Its market capitalization is approximately $2.1 trillion.
* Bitcoin dominance in the crypto market is around 63.7%.
Recent News Highlights:
* Strategy (MicroStrategy) continues to acquire Bitcoin, recently purchasing another 1,045 BTC for $110.2 million. Their total holdings are now around 582,000 BTC.
* Metaplanet, a Japanese investment firm, plans to acquire 210,000 BTC by 2027 through a $5.4 billion stock offering.
* There's ongoing debate among Bitcoin Core developers regarding non-financial use cases and potential changes to transaction relaying, with some purists objecting to transactions they view as "spam."
* Bitcoin has been introduced into Africa's largest slum, Kibera in Kenya, as part of an initiative to extend financial services, with local vendors accepting Bitcoin as payment.
* The concept of "Hodling" (long-term holding of Bitcoin) remains a widely used and validated strategy.
* The broader crypto market is generally in the green, though some analysts are noting mixed market sentiment and potential short-term corrections for Bitcoin.
* There are discussions around US-China trade talks and their potential impact on Bitcoin's price.