#BTC Here's today's Bitcoin update:
*Current Price*: Bitcoin is trading at $104,446.97, with a slight decrease in price. Another source indicates a price of $104,741.30 with a 2.70% increase in the last 24 hours.
*Market Performance*:
- *Market Cap*: $2.08 trillion
- *24-hour Trading Volume*: $51.75 billion - $71.73 billion
- *Circulating Supply*: 19.88 million BTC
- *Max Supply*: 21 million BTC
*Price Range*:
- *24-hour Low*: $102,822.03 - $103,081.00
- *24-hour High*: $108,439.78 - $108,369.00
*Recent Trends*:
- Bitcoin's price strength returns as US inflation cools beyond expectations, potentially setting up for new all-time highs.
- Escalating tensions in the Middle East could impact Bitcoin's price, with some analysts predicting a potential drop to $100,000.
- Institutional interest in Bitcoin continues to grow, with BlackRock's potential $50 billion crypto AUM vision by 2030 ¹ ² ³.
*News and Updates*:
- Binance has rolled out its services in Syria, allowing Syrians to trade at least 300 tokens, including Bitcoin.
- Tether has invested in Canada's Elemental Altus Royalties, integrating long-term, stable assets like gold and Bitcoin into its ecosystem.
- Bitcoin's funding rate has flipped, with some analysts believing a rally is around the corner ⁴.$BTC