Stock market information for Bitcoin
Bitcoin is a crypto in the CRYPTO market.
The price is 116721.0 USD currently with a change of 3670.00 USD from the previous close.
The intraday high is 116850.0 USD and the intraday low is 112792.0 USD.
The advance comes amid weaker U. S. dollar pressure and a looming U. S. government funding deadlock, which has driven flows toward perceived hedges like gold and digital assets. Ethereum followed, climbing about 4 per cent, while assets such as Solana and XRP posted double-digit gains.
Crypto-linked stocks also saw rapid moves: Strive leapt as much as 25 per cent in pre-market trading, MicroStrategy added 2 per cent, and Bitfarms jumped 3 per cent.
Analysts point to seasonal momentum in the fourth quarter and an elevated risk appetite driven by macro uncertainties. Some technical indicators, however, caution that Bitcoin could test support near $105,000 if momentum falters — a scenario that has precedents in weak Octobers.
Institutional adoption continues to reshape Bitcoin’s role in finance. A recent academic study shows rising correlation between Bitcoin and major equity indices, suggesting the asset is no longer a pure diversifier.
Meanwhile, mining firms are being re-rated on new demand vectors such as AI computing. Arete analysts initiated “buy” ratings on Riot, Iren and Cipher, citing growth in high-performance compute demand and expanding data centre operations.
On policy fronts, the Trump administration’s push to establish a strategic cryptocurrency reserve has added further weight to the narrative of Bitcoin as a systemic asset. The GENIUS Act and stablecoin reforms passed this summer underpin regulatory confidence among institutional capital.
Volatility remains elevated. Technical models suggest a corrective target around $105,000 if short-term momentum exhausts. Still, bullish forecasts projecting Bitcoin rising toward $160,000–$200,000 by year end are gaining traction among optimists, contingent on central banks shifting toward easing.
In Asia, Pakistan is exploring its own strategic Bitcoin reserve, backed by energy policy alignment and regulatory support. Under its crypto council CEO, the country has mooted allocating surplus power for mining facilities and building sovereign crypto allocations.
Sentiment analytics have become more sophisticated. Market‐derived labelling applied to news and social data now helps algorithms anticipate short-term price swings with near 90 per cent accuracy, an advancement suggesting that broader narrative flow may influence trades more than ever.
Still, warnings persist about speculative excess. Some economists caution that the surge could resemble previous bubbles, cautioning that retail exuberance might lead to forced liquidations on sharp reversals.
Topics
Cryptocurrency