$BTC

Here’s an updated snapshot on Bitcoin (BTC):

📉 Current price: about $103,491 USD

Intraday range: $102,609 – $106,451

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📈 Market Context & Analysis

1. Recent performance

Bitcoin briefly surged above $106,000 on June 20, but has since pulled back within the $103k–$104k range .

It remains steady above $100k, showing resilience amid market fluctuations .

2. Volatility triggers

Geopolitical tensions (e.g., Middle East uncertainty, triple-witching options expiry) have fueled short-term volatility .

The U.S. Federal Reserve’s interest rate stance continues to impact crypto markets

3. Institutional activity

Over $1 billion in inflows into bitcoin spot ETFs this week signal strong institutional confidence .

In the backdrop, multiple companies are accumulating BTC, contributing to supply pressure above $110k .