#BTC #BTC🔥🔥🔥🔥🔥 Bitcoin's current price is $117,048.70 with a 0.51% increase, and its market dominance stands at 56.83%. Here are some recent news and updates about Bitcoin ¹:
- *Recent Price Trends*: Bitcoin has been trading above $116,500, with a recent surge driven by the dismissal of appeals and cross-appeals between the SEC and Ripple. Analysts are now eyeing $135,000 and $145,000 as potential short-term targets.
- *Institutional Investment*: Harvard and Brown Universities have invested in Bitcoin through BlackRock's IBIT, according to SEC filings. Jack Dorsey's Block has also added $12.6 million in Bitcoin, reaching a $1 billion BTC milestone.
- *Regulatory Developments*: The US has secured only eight trade deals in 120 days, and President Trump's tariff announcements have impacted Bitcoin's price. However, the GENIUS Act, signed by Trump, aims to regulate stablecoins.
- *Market Predictions*: Analysts predict Bitcoin could surge in 2025 driven by global money supply growth, ETF adoption, and retail inflows. Some predict Bitcoin's price could reach $122,000 or even $200,000, although market odds imply a less than 3% chance of reaching $200,000 by December this year.
- *Other Updates*: Ethereum has broken the $4,000 mark for the first time in eight months, and XRP futures activity has spiked. Coinbase has launched in-app DEX trading for US users, starting with Base-native tokens ² ¹ ³.