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February 24, 2025, 10:06 AM EST – Bitcoin (BTC-USD) is trading at $94,275.77, marking a 1.47% decline (-$1,409.81) as of 10:06 AM EST. The cryptocurrency, which opened at $96,267.85, has fluctuated between $94,275.77 and $96,473.94 during today’s trading session.
Bitcoin, the world’s largest cryptocurrency by market capitalization, currently holds a market cap of $1.869 trillion, with a circulating supply of 19.83 million BTC. Over the past 24 hours, BTC trading volume has reached $27.09 billion, reflecting continued investor activity despite price fluctuations.
The decline in Bitcoin’s price aligns with mixed global market trends. In the U.S. pre-market session, major equity index futures are showing signs of recovery after Friday’s losses. Asian markets have remained stable, while Germany’s DAX index is trading in the green following anticipated election results.
Among U.S. stocks, Nike, American Express, Charles River, and Oracle have opened in positive territory, whereas Domino’s, Dell, PDD Holdings, and Apple have faced early losses. Bond yields remain within a range, and the U.S. dollar index has rebounded from intraday lows, impacting commodities, including metals and bullion, which are facing resistance at higher levels.
Bitcoin’s 52-week range spans from $49,121.24 to $109,114.88, demonstrating significant volatility. Despite short-term fluctuations, investor sentiment remains divided between profit-taking at higher levels and optimism regarding Bitcoin’s long-term potential, especially with the upcoming Bitcoin halving event and evolving institutional adoption.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct their own research or consult financial experts before making investment decisions.