BTC falls below the $94000 mark

Binance TRX/USDT's perpetual trading volume surged 18 times within 10 minutes, with a turnover of 77.48 million US dollars in the past 24 hours, a decrease of 0.86%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

Odaily Planet Daily News: According to The Data Nerd monitoring, a trader sold 12.8 million KEKIUS coins, missing out on 4500 times the return.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Odaily Planet Daily News: According to official data, as of December 31, 2024, BlackRock's Bitcoin holdings were 551917.901 BTC, with a market value of $51731458027.49.

According to CNBC, Geoffrey Kendrick of Standard Chartered Bank predicts that Bitcoin will reach $200000 by the end of 2025. Standard Chartered Bank predicts that the scale of institutional investors purchasing Bitcoin next year will "continue to maintain or exceed the pace of 2024". The bank pointed out that since the beginning of this year, institutional Bitcoin purchases have reached 683000, mainly through US spot Bitcoin ETFs and MicroStrategy, a software company that also invests in Bitcoin as an effective alternative. He also added that the incoming Trump administration is expected to reform the regulations for so-called TradFi (traditional finance) companies to invest in digital currencies, and pension funds will begin to include more Bitcoin in their investment portfolios through US spot ETFs next year. Even a small allocation of $40 trillion in US retirement funds would significantly push up the price of Bitcoin.