Bitcoin (BTC) Market Overview – 31 Aug 2025
🔹 1. Current Price
BTC is currently trading around $108,700 (USD).
In Indian Rupees (approx. ₹83/USD), that equals about ₹90–91 lakh per Bitcoin.
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🔹 2. 24-Hour Range
Highest Price (High): $109,480
Lowest Price (Low): $108,250
👉 This shows Bitcoin moved within a range of about $1,200 in the last 24 hours.
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🔹 3. Market Capitalization
Bitcoin’s Market Cap is ~$2.16 Trillion.
It remains the largest cryptocurrency in the world by market value.
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🔹 4. 24h Trading Volume
In the past 24 hours, the Trading Volume was ~$45 Billion.
High volume indicates strong buying and selling activity in the market.
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🔹 5. Circulating Supply
Around 19.91 Million BTC are already in circulation.
Maximum supply is 21 Million BTC, meaning over 90% has already been mined.
👉 As supply reduces, demand pressure can drive prices higher in the long run.
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🔹 6. Price Change & Sentiment
BTC gained about +0.25% (~$272) in the last 24 hours.
Analysts highlight $109K as a key support level:
If BTC stays above $109K → uptrend can continue.
If it falls below $109K → short-term correction may occur.
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🔹 7. Recent Trends & News
Recently, Bitcoin touched $113K, but slipped slightly afterward.
Spot Bitcoin & Ethereum ETFs saw ~$291 Million outflows, signaling investor caution.
Long-term investors still view this as a “buy the dip” opportunity.
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📊 Summary Table
Metric Value (Approx)
Current Price $108,700 (~₹90 Lakh)
24h High / Low $109,480 / $108,250
Market Cap $2.16 Trillion
24h Trading Volume $45 Billion
Circulating Supply 19.91 Million BTC
Change (24h) +0.25% (~$272)
Key Support Level $109,000
Recent Peak $113,000
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⚡ In short:
Bitcoin is stable above $108K–$109K, market sentiment is cautious but optimistic, and long-term outlook remains bullish due to limited supply.
