Bitcoin Holds Steady Near $110,000 Despite Market Fluctuations

Despite recent market volatility, Bitcoin (BTC) price remains relatively stable around $110,000. It experienced a minor decline of 0.14% today. This stability comes as institutional investors continue to play a crucial role in the cryptocurrency ecosystem. We see increased investment through Bitcoin ETFs ($3.61 billion in October) and JPMorgan’s recent decision to accept BTC for loan collateral as evidence of this trend.