$BTC

As of January 6, 2025, Bitcoin (BTC) is trading at approximately $98,474, reflecting a slight increase of 0.27% over the past 24 hours.

On Binance, the world's largest cryptocurrency exchange, Bitcoin's 24-hour trading volume stands at around $20 billion, contributing to its market capitalization of approximately $1.95 trillion.

Recent analyses indicate that Bitcoin is in a consolidation phase near the $98,000 mark, with key support levels at $96,800 and $97,400, and resistance around $99,000 to $100,000. This suggests potential breakout opportunities, either upward or downward.

Looking ahead, some analysts project that Bitcoin could reach $225,000 by the end of 2025, driven by historical price cycles, regulatory expectations, and increasing institutional adoption.