📈 Bitcoin Price Today Steady After Record High

Bitcoin price today remained stable at $109,710 as of 13:53 GMT on Tuesday, showing a 0.1% gain after a week marked by a record surge. The world’s largest cryptocurrency hovered within a narrow range following a near $112,000 high hit last Thursday.

The token’s pullback came as traders engaged in profit-taking and large-scale “whale” transactions at peak levels. However, the cryptocurrency’s overall position remained strong, bolstered by positive regulatory developments and expectations of increasing institutional adoption.

The focus has now shifted to the highly anticipated 2025 Bitcoin Conference, set to begin later in the day in Las Vegas.

🏛️ Regulation News Supports Market Sentiment

Bitcoin’s rally last week coincided with major regulatory advancements in the United States and Hong Kong. In the U.S., the Senate moved forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which aims to introduce a national framework for stablecoins.

Meanwhile, Hong Kong’s legislative council passed a milestone bill that introduces a licensing system for fiat-referenced stablecoin issuers.

These developments were interpreted as a strong signal of progress in crypto regulation, contributing to the positive sentiment behind Bitcoin price today.

In addition, multiple reports indicated that top U.S. banks were in talks to establish a joint stablecoin initiative, further highlighting shifting views within traditional financial institutions.

💸 Trump Media Plans $2.5B Bitcoin Treasury

Trump Media & Technology Group announced Tuesday that it has entered agreements with institutional investors to raise approximately $2.5 billion. The funds will reportedly be used to build a Bitcoin treasury.

Despite the announcement, shares of the company—which operates Truth Social—dropped by around 7% after the market opened on Tuesday.

This follows the company’s denial of a Financial Times report suggesting it aimed to raise $3 billion to invest in cryptocurrencies, including Bitcoin. Trump Media described the article as inaccurate and criticized the sources.

According to the original FT report, the company sought to secure $2 billion through equity and another $1 billion via a convertible bond. The purpose of this fundraising was to support large-scale crypto acquisitions.

Following the report, Trump Media stock rose 11% in premarket trading but later reversed those gains.

📉 Altcoin Market Moves: Ethereum Gains, Others Flat

Altcoins were mostly range-bound on Tuesday, mirroring the trend set by Bitcoin price today. Ethereum (ETH), the second-largest cryptocurrency, rose 3.6% to $2,657.56.

XRP remained flat at $2.33, while Solana added 0.2% and Cardano increased by 0.3%. Polygon (MATIC), on the other hand, dropped 1.4%.

Among meme-based tokens, Dogecoin advanced 1.4%, and $TRUMP rose by 1.3%.

🔍 What’s Next for Bitcoin Price Today?

As Bitcoin price today trades close to historical highs, investors are closely monitoring events from the 2025 crypto summit. Regulatory clarity, institutional interest, and sentiment from major industry players could significantly influence the next directional move.

With over 30,000 participants and top political and financial figures expected at the event, markets are positioning for further headlines that may affect short-term volatility and long-term adoption narratives.