BTC Price Today

Current Price: Bitcoin is currently trading at around $78,045.

24-Hour Change: Its price has seen a 2.04% increase (pump) over the past 24 hours. After dropping to a low of $74,900 earlier this week, it has successfully bounced back.

🔎 Key New Updates

🚀 Strategic Bitcoin Reserve Bill: In excellent news for the crypto market, the U.S. House Financial Services Committee has advanced the "Strategic Bitcoin Reserve Bill." Major financial institutions like Charles Schwab (managing $13 trillion in assets) have hailed this as a massive milestone for cryptocurrency regulation.

📉 Recovery After the Clarity Act: Earlier this week, Bitcoin faced some pressure and crypto ETFs saw $450 million in outflows after the U.S. Senate rejected the Clarity Act (a bill that was favorable for crypto). However, a rally in tech stocks has helped BTC recover its losses, marking its third consecutive day of gains.

📊 Institutional Demand: According to recent data, corporate treasuries have purchased approximately 5,900 more BTC over the past 3 months. While this demand is slightly lower compared to last year, long-term holders have stopped selling at the current price levels.

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