As of March 16, 2025, Bitcoin (BTC) is trading at approximately $83,327. This reflects a slight decrease of 1.22% from the previous close.
Recent market analyses suggest that Bitcoin's current downturn may be a temporary "shakeout" rather than the end of its four-year cycle, indicating potential for future growth.
In regulatory developments, the United States has established a Strategic Bitcoin Reserve to manage its digital asset holdings, signaling increased institutional interest in Bitcoin.
Please note that the cryptocurrency market is highly volatile, and it's essential to conduct thorou