$BTC
Bitcoin's current price is $87,764, with a 0.99% increase in the last 24 hours. The cryptocurrency's market cap stands at $1.76 trillion, indicating its significant presence in the digital asset space.
*Recent Trends
- Bitcoin's price has been volatile, with a recent surge near $95,000 attributed to stable US inflation data and geopolitical unease driving demand for safe havens.
- Institutional investors have shown resilience, with spot ETFs recording significant inflows.
- Analysts predict a potential breakout towards $100,000, citing improving market liquidity and a shift towards risk assets.
- However, recent outflows from digital asset investments indicate investor caution, with $1.73 billion in weekly outflows.
- Support: $86,000 (crucial level for maintaining bullish structure)
- Resistance: $90,000 (psychological barrier