pTokens BTC USD Price & Performance (PBTCUSD)

Bitcoin's price climbed to $88,772 today, its best level since March 7, as optimism grew following news of U.S. trade tariff adjustments. Analysts suggest reclaiming $93,000 as support is crucial to avoid further declines. Speculation over potential government Bitcoin purchases has also fueled market enthusiasm.123

The global M2 money supply nears an all-time high, boosting Bitcoin's price by 2.3% in the last 24 hours to $74,321. Increased trading volumes and heightened on-chain activity indicate growing interest. Analysts predict further price gains as liquidity expands, though volatility remains a concern.45

Bitcoin's recent drop to $85,418 has triggered a contrarian buy signal, according to sentiment indices. Despite bearish trends, long-term holders are accumulating, with 20,400 BTC added recently. Analysts suggest limited downside risks and favorable risk-reward at current levels, offering cautious optimism for investors.678