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As of June 3, 2025, Bitcoin (BTC) is trading at approximately S$114,307.29 per BTC. (btc.currencyrate.today) This marks a significant increase from its value a year ago, when it was around S$90,679.86. Over the past year, Bitcoin has experienced notable volatility, with its price reaching a high of S$130,871.95 and a low of S$106,038.22. (btc.currencyrate.today)

Recent Performance

In the last 30 days, Bitcoin's price has decreased by approximately 12.15%. (bybit.com) This decline is part of a broader trend observed over the past three months, where the price has fallen by about 15.3%. (coingecko.com) Despite these recent downturns, Bitcoin's year-over-year performance remains positive, reflecting its overall growth trajectory.

Historical Context

Looking back over the past decade, Bitcoin's value in Singapore Dollars has seen exponential growth. In October 2015, one BTC was valued at approximately S$461.80. (freecurrencyrates.com) By October 2016, this had more than doubled to S$968.59. (freecurrencyrates.com) The upward trend continued, with Bitcoin reaching S$8,494.12 by October 2017. (freecurrencyrates.com) This historical data underscores Bitcoin's substantial appreciation over the years, despite periods of volatility.

Market Factors

Several factors have influenced Bitcoin's price movements:

• Market Sentiment: Investor sentiment plays a crucial role in Bitcoin's valuation. Positive news, such as institutional adoption or regulatory approvals, often leads to price increases, while negative news can result in declines.

• Regulatory Developments: Changes in cryptocurrency regulations, both in Singapore and globally, can impact Bitcoin's price. For instance, favorable regulations may boost investor confidence, whereas restrictive policies can deter investment.

• Technological Advancements: Upgrades to the Bitcoin network, such as improvements in scalability and security, can enhance its appeal and influence its price.

• Macroeconomic Factors: Global economic conditions, including inflation rates and currency fluctuations, can affect Bitcoin's attractiveness as an alternative investment.

Future Outlook

Predicting Bitcoin's future price is inherently challenging due to its volatility and the multitude of influencing factors. However, several trends may shape its trajectory:

• Institutional Adoption: Increased interest from institutional investors could provide more stability and drive demand.

• Regulatory Clarity: Clearer regulations may reduce uncertainty and encourage broader adoption.

• Technological Developments: Ongoing improvements to the Bitcoin network could enhance its functionality and appeal.

Investors should stay informed about these factors and consider their risk tolerance when engaging with Bitcoin.

Stock market information for Bitcoin (BTC)

• Bitcoin is a crypto in the CRYPTO market.
• The price is 105885.0 USD currently with a change of 187.00 USD (0.00%) from the previous close.
• The intraday high is 105887.0 USD and the intraday low is 103969.0 USD.