$BTC

- Current Price: Bitcoin is trading around $103,399.99, with a 0.83% decrease in the last 24 hours.

- Market Volatility: The cryptocurrency market is experiencing volatility, with Bitcoin's price dropping below $104,000 and trading in a tight consolidation pattern around the $104K mark.

- Ukraine's Bitcoin Reserves: Ukraine has introduced legislation to adopt Bitcoin as part of its sovereign reserves, positioning itself at the forefront of sovereign Bitcoin adoption.

- Institutional Interest: Despite the German government's Bitcoin sell-off, US spot Bitcoin ETFs saw heavy inflows of over $1.1 billion, reaching an all-time high of 888,607 BTC.

- Technical Analysis: Some analysts predict a potential drop to $80,000 due to a Diamond Top pattern, while others forecast a continued bull run through November 2025 based on historical patterns.

- Kraken's Native BTC Staking: Kraken has launched native BTC staking with Babylon, offering 1% APY rewards, allowing users to stake Bitcoin without wrapping or bridging.

- Bitcoin Sentiment: Bitcoin sentiment is at "peak FUD," with an almost even split between bullish and bearish outlooks, according to Santiment.