$USDC Here's a Bitcoin update ¹ ² ³:

- *Current Price:* Bitcoin is trading around $104,927.55, with a 24-hour trading volume of $877.88 million and a market capitalization of $2.08 trillion.

- *Recent Price Movement:* Bitcoin's price has dropped by 1.43% to $104,948.1 in the last 24 hours, with a 24-hour high of $106,649.8 and a low of $103,371.02. Some sources report a slightly different price of $105,047.39 with a 1.30% decrease.

- *Market Trends:* The crypto market crash continued on Wednesday morning due to risk-off sentiment amid the ongoing Middle East crisis, causing Bitcoin and most altcoins to retreat.

- *Key Indicators:* Bitcoin's short-term price direction may be influenced by US economic indicators like retail sales, jobless claims, and the FOMC interest rate decision this week.

- *Resistance Levels:* Bitcoin faces resistance at $110,000, with some analysts predicting a potential surge to $250,000 by 2025.

Some notable developments include ⁴ ⁵:

- *Institutional Investment:* Smarter Web grew its BTC stack to 242.34 after a recent purchase, while Japan's Metaplanet hit a 10,000 Bitcoin milestone.

- *Adoption:* El Salvador added 240 more BTC to its reserves, and Genius Group boosted its Bitcoin holdings by 52% to 100 BTC.

- *Market Predictions:* Analysts expect Bitcoin to potentially reach $110,000, with some predicting further growth.