$BTC

Bitcoin's current price is $109,930, with a 4% increase over the last 24 hours. Recent news suggests that Bitcoin's correlation to stocks and uncertainty about the US economy might cap its price gains below $110,000. However, analysts predict a potential rally to $150,000 due to the US government's increasing debt ceiling.

Some key updates include ¹ ²:

- *Recent Price Movement*: Bitcoin pushed through a critical overhead resistance level, possibly opening the door to new all-time highs.

- *Market Trends*: An uptick in long-term Bitcoin holders and BTC's start-of-week price break above $108,000 could signal new highs.

- *Investor Behavior*: Despite market volatility, "hodling" remains the go-to strategy for Bitcoin believers in 2025.

- *Institutional Investments*: Strategy added 1,045 Bitcoin to its holdings, worth $110.2 million, bringing its total to 582,000 BTC.

- *Global Adoption*: Bitcoin was recently introduced to Africa's largest slum, expanding its reach.

Other notable developments include ³ ⁴ ⁵:

- *US-China Trade Talks*: High-level officials are discussing tariffs, which might impact Bitcoin's price.

- *Tether's Open-Source Project*: Tether plans to launch an open-source Bitcoin mining OS by Q4 2025.

- *Bitcoin Depot's Stock Performance*: Bitcoin Depot Inc's stock surged 23.34% with a current price of $5.76.