Today, Bitcoin (BTC) is trading at approximately $76,300, which is close to its all-time high of $76,677 reached earlier today. Over the past month, Bitcoin's value has surged by over 22%, and it has outperformed many other cryptocurrencies. In the last week alone, its price has risen by about 7.6%, reflecting strong market momentum【6】【7】【8】.

This rally is being attributed to several factors, including growing institutional interest, favorable macroeconomic conditions such as the U.S. Federal Reserve's recent interest rate cut, and increased demand amid election-related market optimism【6】【8】.

Despite its significant growth, Bitcoin remains highly volatile, with price swings being influenced by market sentiment, regulatory developments, and global financial news. Investors are advised to stay cautious and consider potential risks when trading【6】【7】.