Bitcoin holds at the level of 109 thousand dollars: eyes at the 2025 Crypto Summit in Las Vegas
Bitcoin tested $ 112,000 last week and withdrew to $ 109,000. The eyes were turned to the 2025 Bitcoin Conference, which started today and hosted more than 30,000 participants.
📉 Bitcoin stagnant after record: horizontal course at the level of 109 thousand dollars
Bitcoin (BTC) reached almost $ 112,000 last week, seeing the highest level of all time. However, the profit realization after this level and its large wallet investor (WHAL) sales caused the price to withdraw to around 109,000 dollars.
📍 As of the moment, BTC is traded at a level of $ 108.962,20 with a decrease of 0.6 %.
🏛️ Stablecoin step from the US and Hong Kong
Bitcoin’s last rally, not only technical, but also regulatory developments have been shaped:
The US Senate took the draft Genıus ACT, which organizes Stablecoins, to the approval process.
The Hong Kong Assembly has enacted a comprehensive draft law for Fiat referenced Stablecoin exporters.
According to Wall Street -based reports, large American banks are discussing starting a joint Stablecoin initiative.
🟠 Agenda 2025 Bitcoin Conference: Las Vegas is ready for stage
The 2025 Bitcoin Conference, which started today and held at Las Vegas Venetian Expo Center, is the biggest event so far:
👥 Number of Participants: 30.000+
🎙️ Number of speakers: 400+
🏢 Company Participation: 5,000+
📣 The prominent speakers:
Michael Saylor (Microstrategy)
Justin Sun (Tron)
Jack Mallers (Strike)
Vlad Tenev (Robinhood CEO)
JD Vance (US Vice President)
Cynthia Lummis (Senator)
Hester Peirce (Secure Commissioner)
Peter Schiff (Economist)
When the event combined with Bitcoin’s close to record levels, it can increase the interest of investor.
❗ Dying from Trump Media Company
Trump Media & Technology Group (TMTG) denied the news of the Financial Times that “3 billion dollars of crypto funds will be gathered”, saying, “unfounded and unreliable.”
The FT claimed that the company plans to purchase Bitcoin and crypto by issuing a bond of $ 2 billion and $ 1 billion.
📉 Slimming continues in the Altcoin market
The pause in Bitcoin also affected Altcoins.
Current price changes are as follows:
Ethereum (ETH): $ 2,558,52 with a decrease of 0.5 %
XRP: $ 2.3 %with 2.3 %
Solana (left): 2.7 %drop
Cardano (Island): 1.9 %drop
Polygon (MATIC): 3 %drop
Dogecoin (Doge): 1.8 %decrease
Trump Token: 2 %drop
🧭 Bitb refugee Review:
“Bitcoin is breathing after a record. However, this regulation -supported rise is high. The 2025 Bitcoin Conference can bring a new breath to this momentum.”
📌 Note: This content is not an investment advice. Continue to follow Bitb -judge to follow the developments closely.