Bitcoin Price Today
Bitcoin (BTC) price was trading at $102,000, marking a 3% rise in the last 24 hours. Its 24-hour low and high were recorded at $99,539 and $102,629, respectively. The cryptocurrency’s market cap reached $2.02 trillion, with a trading volume of $58 billion. Bitcoin’s market dominance stood strong at 55.3%, reflecting its continued leadership in the crypto market.
ETF inflows showed mixed activity as Farside Investor reported a $35 million inflow into BTC ETFs on Friday. Fidelity added $60 million worth of Bitcoin ETFs to its holdings, signaling strong institutional interest. However, Grayscale experienced a significant $100 million outflow, indicating contrasting movements within the ETF space.
In other news, Frank Ahlgren from Austin, Texas, was sentenced to two years in prison for tax fraud. He failed to report $3.7 million in Bitcoin (BTC) gains, highlighting the ongoing challenges of tax compliance in cryptocurrency investments
