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Wednesday, February 19, 2025 – 10:37 AM EST
Bitcoin (BTC-USD) saw a modest increase on Wednesday, rising 0.75% to trade at $96,207.71 as of 10:37 AM EST. The cryptocurrency fluctuated within a day’s range of $95,028.49 to $96,604.32, as traders assessed the latest market movements.
Despite this uptick, Bitcoin remains on a volatile trajectory, with recent trends suggesting a potential extension of losses. The cryptocurrency has been under pressure following the re-election of President Donald Trump, which has led to speculation about regulatory changes and financial market shifts.
Bitcoin’s market capitalization currently stands at $1.907 trillion, with a circulating supply of 19.83 million BTC. Over the past 24 hours, the trading volume has reached approximately $36.73 billion, highlighting strong investor activity across 11,946 active markets.
The broader outlook for Bitcoin remains uncertain as traders weigh macroeconomic factors and potential shifts in U.S. policy that could impact the digital asset space. Bitcoin’s 52-week range spans from $49,121.24 to $109,114.88, reflecting significant price swings over the past year.
Disclaimer: Cryptocurrency prices are highly volatile and subject to market risks. This article does not constitute financial advice. Investors should conduct their own research before making any investment decisions.