The price of Bitcoin (BTC) today shows positive movement even though the crypto market is still in a consolidation phase.
Based on the latest data, BTC is traded at a level of $88,713.23 per BTC, recording an increase of about 0.73% in the last 24 hours.
This strengthening indicates that buying interest is still maintained, although medium-term volatility has not fully subsided.
With a market capitalization of $1,771.19 billion, Bitcoin remains strong as the largest cryptocurrency asset in the world and serves as the primary barometer for the direction of the global crypto market.
Read Also: Today's BTC Price Analysis: Holding at $88,117, Market Still Cautious
Table of Contents
BTC Price Movement in the Last 24 Hours
BTC Performance Over Various Time Periods
Bitcoin's Position in the Crypto Market
All-Time High and Distance from Current Price
Sentiment Analysis and Short-Term Outlook
BTC Price Movement in the Last 24 Hours
In the last 24 hours, Bitcoin moved in a price range of $87,613.20 (lowest) to $89,577.71 (highest).
This fluctuation reflects the battle between buyers and sellers in crucial areas ahead of the psychological level of $90,000.
The daily increase of $598.21 or +0.68% indicates a moderate buying push, although trading volume is relatively lower compared to previous volatile periods.
The 24-hour trading volume is recorded at $23.24 billion, indicating that the market remains cautious waiting for stronger catalysts.
BTC Performance Over Various Time Periods
When viewed over a longer timeframe, Bitcoin's performance shows diverse and tends to be volatile dynamics.
Last 30 days: BTC strengthened by $4,334.70 (+5.14%), reflecting a short-term recovery trend.
60 days: BTC remains under pressure with a decline of -18.41%.
90 days: Corrections are getting deeper, with a decline of -21.13%.
This data confirms that although Bitcoin has started to rise in the past month, selling pressure from the previous correction phase still looms over the medium-term price structure.
Bitcoin's Position in the Crypto Market
Bitcoin currently ranks first as the most popular crypto asset, with a circulating supply of 19.97 million BTC, or about 95.07% of the total maximum supply of 21 million BTC.
This fact reinforces the narrative of Bitcoin scarcity, which is one of the main pillars of its long-term value.
Meanwhile, the fully diluted market cap is recorded at $1,862.37 billion, reflecting BTC's valuation if the entire maximum supply were in circulation.
All-Time High and Distance from Current Price
Bitcoin is still quite far from its all-time high of $126,198.07.
This gap shows significant recovery space, but at the same time serves as a reminder that the journey to the highs requires stronger macro sentiment and liquidity support.
In the short term, BTC price movement still tends to be sideways with a positive bias, reflected in the price change of +0.35% in the last hour, but -0.66% in the last seven days.
Sentiment Analysis and Short-Term Outlook
Today's BTC price increase reflects market stabilization after correction pressure over the past few months.
However, relatively moderate volume indicates that both institutional and retail investors remain selective.
The $90,000 area is an important psychological resistance. If Bitcoin can break through and hold above this level with strong volume support, the chances for further strengthening will open up.
Conversely, failure to break through resistance could trigger a consolidation back to the support area below $88,000. #bitcoin #USNonFarmPayrollReport #BTCVSGOLD #TrumpTariffs #BTC $BTC
