Bitcoin price today fell by 0.60 per cent to $108,210. The largest and the most popular cryptocurrency is moving in tandem with risk assets like the Nasdaq and S&P 500. The recent all‑time highs in equities prompted traders to cash out, which also pressured Bitcoin. This comes as New U.S. Securities and Exchange Commission guidance on disclosure requirements for exchange-traded products tied to cryptocurrencies marked the first step toward approval of dozens of applications for ETFs linked to everything from Solana and XRP to President Donald Trump's eponymous meme coin. The 12-page document is the first part of the new landscape for crypto funds that SEC staff members are designing. Asset managers also anticipate guidance from the SEC's division of trading and markets on ways to streamline the application process, said people familiar with the discussions. This should accelerate the pace for new product debuts.
Bitcoin Price Prediction
Bitcoin's dip today is being driven by a mix of profit-taking, risk-off macro sentiment linked to trade/policy tensions, and volatility through liquidations. It’s not a structural breakdown—just a classic market cooldown. If broader markets stabilize or sentiment shifts back toward risk, Bitcoin may rally again. Conversely, global uncertainties could prolong the downswing.
Heightened uncertainty—partly from trade tensions and hawkish commentary from the Fed—has triggered a broad risk-off shift. This environment is unfavorable for volatile assets like Bitcoin. Sharp drops have triggered leveraged long liquidations, adding downward momentum in the crypto markets. Today’s movement (~–0.6 per cent) reflects typical retracement after recent gains. Long-term outlook remains cautiously optimistic, supported by structural drivers like ETF inflows and halving-induced supply constraints.
$106K–$107K remain key levels to hold. A bounce here could signal renewed interest. If stocks recover or tariffs ease, Bitcoin may follow. Conversely, more risk-off signals could deepen the dip.
Bitcoin Price Target
Bitcoin faces key resistance at ~$114K; a breakout above this could pave the way to ~$143K—a ~25 per cent rally—according to Ed Campbell of Rosenberg Research. Around $106K–$107K; Bitcoin price staying above this could signal continuation of bullish momentum.
FAQs
Q1. What is current Bitcoin price?
A1. Bitcoin price today fell by 0.60 per cent to $108,210.
Q2. What is Bitcoin price target?
A2. Bitcoin faces key resistance at ~$114K; a breakout above this could pave the way to ~$143K—a ~25 per cent rally—according to Ed Campbell of Rosenberg Research. Around $106K–$107K; Bitcoin price staying above this could signal continuation of bullish momentum.
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