$BTC
$BTC Bitcoin (BTC) recently dropped sharply, falling as low as ≈ US$84,000 amid global market sell-offs and weak risk appetite.
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After that dip, BTC rebounded — briefly trading above ≈ US$94,000 — but remains under pressure as investor sentiment stays cautious.
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One major institutional buyer, Strategy, purchased 10,624 BTC (~US$963 M) recently, raising hopes that big-money investors still back Bitcoin long term.
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Meanwhile, analysts at Standard Chartered have reduced their end-2025 price target for Bitcoin to ≈ US$100,000, reflecting increased uncertainty — though they keep a bullish view for the long-term potential.
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Bottom line: Bitcoin is going through a volatile phase — price swings remain large. Institutional actions like major buys hint at confidence, but macroeconomic risks and weaker sentiment could limit gains in near term.#BTCVSGOLD #BinanceBlockchainWeek
