$BTC Bitcoin (BTC) is currently trading at $105,397.05, with a 1.67% decrease in the past 24 hours. Despite this drop, Bitcoin's market capitalization stands strong at approximately $2.17 trillion.
*Key Statistics:*
- *Current Price*: $105,397.05
- *Market Cap*: $2.17 trillion
- *24-hour High*: $108,450.16
- *24-hour Low*: $102,664.31
- *Percent Change*: -1.67%
*Recent Developments:*
- *Adoption*: Bitcoin became legal tender in El Salvador in 2021, and the country has $76.5 million worth of Bitcoin in its international reserves.
- *Investment*: BlackRock recommends investors allocate up to 2% of their portfolio to Bitcoin, and President Trump signed an executive order to establish a strategic Bitcoin reserve ¹ ².
*Market Trends:*
Bitcoin markets operate 24/7, with prices showing high volatility and responding strongly to regulatory changes and market events. With its growing adoption and investment potential, Bitcoin remains a significant player in the cryptocurrency market ¹.
