I do not have the ability to provide real-time information and my training data only goes up until 2021. However, as of 2021, the price of Bitcoin was highly volatile and prone to significant fluctuations.
The price of Bitcoin is influenced by a variety of factors, including market demand, regulatory changes, news and announcements, and overall market sentiment. Bitcoin is still a relatively new and untested asset, and the market is subject to high levels of volatility. Additionally, Bitcoin's decentralized nature and lack of ties to any government or central authority can make it more vulnerable to market speculation and price swings.
It's also important to note that the cryptocurrency market is largely driven by retail investors, which can lead to a more emotional and less rational market. As more institutional investors and financial products enter the market, the hope is that price stability will increase, but for now, fluctuations will continue to be a feature of the market.
