$BTC

#BTC110KToday? #BinanceAlphaAlert #MarketRebound #Current Price:* $107,835.97

*Market Performance:*

- Today's change: +1.14% ($1,215.98)

- Open price: $106,619.99

- High price: $108,135.30

- Low price: $106,001.00

*Institutional Demand:* Strong demand from institutional investors continues to support Bitcoin's price recovery. ProCap BTC LLC recently bought 3,724 Bitcoins, and spot ETFs recorded $588.55 million in inflows ¹.

*Market Sentiment:* Bitcoin's price holds above $106,000, with traders awaiting cues from Federal Reserve Chair Jerome Powell's testimony. A dovish stance from the Fed could boost Bitcoin's price, while a hawkish stance might have a bearish effect ¹.

*Key Stats:*

- Market capitalization: $2.09 trillion

- 24-hour trading volume: $51.86 billion

- Circulating supply: 19.88 million BTC

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Stay informed to make the best decisions ² ³.