Bitcoin's current price is $99,549.38, with a 3.58% decrease in the last 24 hours. The cryptocurrency market is experiencing volatility due to escalating tensions between the US and Iran. Here are some key news updates¹ ² ³:
- *US-Iran Conflict*: Bitcoin's value dipped to $100,945 after US President Donald Trump's announcement of a successful airstrike in Iran.
- *Market Trends*: Bitcoin has been trading above $100,000 for over 40 days but closed the week at $103,355, marking a 1.3% dip.
- *Investment News*: Robert Kiyosaki predicts Bitcoin will hit $1 million, positioning it as a defense against financial disaster.
- *Adoption*: Visa's expansion of stablecoin settlement signals a leap toward frictionless cross-border payments.
- *Competition*: Government bonds are emerging as Bitcoin's key competitor in the hunt for safe-haven assets.
- *Staking*: Kraken has partnered with Babylon to launch BTC staking with up to 1% APY.
Some other notable developments include⁴ ⁵:
- *Bitcoin Reserve*: Texas Bitcoin Reserve might pass without the governor's signature.
- *Institutional Investment*: BlackRock's $1.4 billion investment in Bitcoin signals a major shift in institutional crypto adoption.
- *Price Predictions*: Analysts are divided on Bitcoin's future price, with some predicting a breakout and others warning of volatility.
