Bitcoin is currently trading at $87,540, having recently reached an all-time high near $90K. Trading volume has decreased by 14%, with a current value of $119 billion, due to anticipation surrounding CPI data.
Pundits like Peter Brandt forecast that Bitcoin could reach between $134K and potentially $327K. Despite its recent price surge, long-term Bitcoin holders are showing a measured response to the market's movements.
Additionally, a potential Trump presidency could create a more favorable crypto regulatory environment, impacting Bitcoin's future value. Market participants are keeping a close watch on these developments.
