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As of today, the price of Bitcoin (BTC) fluctuates around $70,000, with a highest price of $71,500 and a lowest price of about $68,200 in the last 24 hours. Currently, the market capitalization of Bitcoin is about $1.4 trillion, showing sustained investment interest. Recently, Bitcoin's price has experienced significant volatility, which is closely related to the global economic environment and changes in market demand for Bitcoin. The influx of substantial institutional funds has increased the demand for Bitcoin, driving up its price.
From a technical perspective, Bitcoin oscillates between major support and resistance levels, continuing to be influenced by market sentiment and global economic indicators in the short term. Particularly due to its limited total supply, the market's attention to it as an inflation hedge has increased. However, it should also be noted that Bitcoin's price may still experience significant volatility.
