Here’s a current update on Bitcoin (BTC) as of today:
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📉 Price & Market Snapshot
* Bitcoin is trading around US $103,300. ([CoinMarketCap][1])
* Market capitalization is approximately US $2.06 trillion. ([CoinMarketCap][1])
* In the last 24 hours, it has slipped by around 1.5 %-3 %, depending on the source. ([The Economic Times][2])
🧭 Recent Key Developments
* After a recent rebound above ~US $106,000 (linked to improved U.S. government shutdown resolution sentiments), Bitcoin has pulled back. ([Finance Magnates][3])
* One driver of the decline: profit-taking after the rebound and cooling in the broader AI/tech sector that had boosted crypto risk appetite. ([The Economic Times][2])
* Another factor: concerns that the Federal Reserve may hold interest rates higher for longer, which tends to dampen demand for riskier and non-yielding assets like Bitcoin. ([Barron's][4])
* Despite near-term weakness, many institutional and high-net-worth investors remain bullish long-term. A survey found 61 % plan to increase crypto holdings. ([MarketWatch][5])
If you like, I can pull up **Pakistan-rupee pricing**, how this moves in your local market (Karachi/Pakistan), and compare it with global trends.
[1]:
"Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap"
[2]:
"Bitcoin slips nearly 3% in one day to $103K weighed by profit-taking and cooling AI/tech trade"
[3]:
"Why Gold Is Surging Today? Metal Rises With Bitcoin Price as U.S.
[4]
"Crypto Slump Continues. "Bitcoin Is Recovering After a Selloff. Here Come the Bullish Price Forecasts."
