Bitcoin is priced at 96,772.18 USD, reflecting a 1.10% gain. The daily trading volume reached 48.43 billion USD, signaling sustained interest in spite of little price movement.
The recent U.S. Core CPI reported an inflation rate of 3.0%, above the anticipated 2.9%. In response, Goldman Sachs increased its Bitcoin ETF holdings to 2.05 billion USD, a 121.1% increase.
Bitcoin’s supply on exchanges has reached a two-year low, with 2.5 million BTC currently available. This scarcity, along with rising institutional interest, suggests the potential for a significant price rally ahead.
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