Bitcoin (BTC) is currently trading at $106,955.56 with a market capitalization of $2.17 trillion. The cryptocurrency has seen a 2.04% decrease in value over the past day, with its price ranging from $106,870 to $110,392.01.
*Key Statistics:*
- *Current Price*: $106,955.56
- *Market Capitalization*: $2.17 trillion
- *24-Hour High*: $110,384.22
- *24-Hour Low*: $108,558.63
- *Circulating Supply*: 19.87 million BTC
- *Max Supply*: 21 million BTC
- *All-Time High*: $111,970.17 (reached on May 22, 2025)
*Recent Trends:*
Bitcoin's price has been affected by various factors, including US inflation rates and institutional investment. Some analysts predict the price could reach $200,000 by the end of 2025. Institutional investors hold over $20 billion in Bitcoin ETFs, and companies like GameStop have invested heavily in BTC ¹.
*News and Updates:*
- Bitcoin's decentralized ethos is under threat as institutional control grows.
- A Bitcoin-based stablecoin network, Plasma, raised its deposit cap to $1 billion.
- GameStop plans to raise $1.75 billion, potentially for future BTC purchases ¹.
