Bitcoin is negotiated at $ 102,825.64, down 2.28% in the last 24 hours. After having crossed at $ 105,915, he fell briefly at $ 100,500. This drop sparked $ 308 million in long -term liquidations. Despite volatility, Bitcoin market capitalization remains at 2.04 dollars. The daily volume amounts to $ 59.96 billion. The supply in circulation is stable at 19.87 million BTC.
Institutional interest has recently cooled. Assets increased from $ 27.4 billion in the first quarter to $ 21.2 billion, a drop of 23%. Ishares Bitcoin Trust of Blackrock alone has recently seen $ 430 million out of outings. However, corporate assets increase quickly. They now exceed 1.98 million BTC, which represents an 18.6% increase in the year up to date.
Avinash Shekhar of PI42 noted: “could climb over $ 120,000 if the institutional entries are strengthened, but can drop below $ 100,000 if macro uncertainty persists.”
