Bitcoin climbed from $83,494 yesterday to $84,772 today, a gain of $1,278 or roughly 1.53%.A quiet day. Price drifted in the upper half of its 30-day range and no institutional moves cleared the significance bar. The single notable development is the SEC's crypto custody proposal, which is regulatory process rather than settled rule.
Bitcoin gained 1.56% intraday to $84,772, trading 4.69% above its 30-day mean and 83% of the way up its 30-day range.
Bitcoin ETFs broke a nine-day, $3 billion inflow streak with $149 million in net outflows, a -0.97 standard deviation move against the 30-day average of $174 million per day, within normal range.
Citigroup raised its 12-month Bitcoin price target to $113,000 from $82,000, citing resumed ETF inflows.
The SEC proposed a formal crypto custody framework allowing investment advisers and funds to self-custody crypto or use state trust companies as custodians, replacing years of regulatory ambiguity with a proposed compliance path.
Bitcoin hashrate stands at 973.7 EH/s with fees at 2 sat/vB, consistent with a healthy and uncongested network operating well above the 200-day moving average of $71,364.
Market Snapshot
Market Cap
$1.70T
24h Volume
$33.47B
Dominance
58.6%
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