The price of Bitcoin (BTC) has shown impressive performance, breaking through the psychological resistance level of USD 80,000, equivalent to IDR 1.38 billion. This 2.6% increase in the past 24 hours was fueled by geopolitical tensions in the Middle East and market optimism regarding the "Project Freedom" initiative announced by the United States. Analysts note that Bitcoin's success in breaking through this critical zone confirms strong buying momentum after a prolonged correction period. To date, the circulating supply of Bitcoin has reached 20.02 million BTC, or approximately 95% of the total maximum supply. Although technical indicators indicate overbought conditions, Bitcoin's dominance in the crypto market remains solid at 60.3%, strengthening its position as a key hedge against global economic uncertainty.

BTC0.24%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin