btc

$BTC As of January 30, 2025, Bitcoin (BTC) is trading at $105,009, reflecting an increase of $2,293 (approximately 2.23%) from the previous close. The day's trading range has seen a high of $105,581 and a low of $101,423.

This surge follows the Federal Reserve's recent decision to maintain current interest rates, with Chair Jerome Powell expressing openness towards cryptocurrency banking.

In corporate developments, MicroStrategy has expanded its Bitcoin holdings by acquiring an additional $1.1 billion worth of the cryptocurrency, bringing its total to 471,107 BTC. The company funded this purchase through the issuance of approximately 2.76 million shares.

On the regulatory front, the Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin 121, which previously required banks to report custodied crypto assets as liabilities. This change is anticipated to facilitate traditional financial institutions' entry into the digital assets sector.

Internationally, the UK government is contemplating the sale of £5.2 billion worth of Bitcoin seized from organized criminals to address a £22 billion public finance deficit.

In the Czech Republic, the central bank's head has proposed purchasing billions of euros in Bitcoin, signaling a potential shift in central bank asset diversification strategies.

These developments underscore the evolving landscape of Bitcoin, influenced by regulatory decisions, corporate strategies, and macroeconomic factors.

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