Bitcoin's price remained relatively stable this week, currently at $97,575, up just 1.5% since last week. The cryptocurrency hasn’t reached the $100,000 milestone since early February, amid fluctuating market conditions caused by political factors, including tariff discussions by President Trump. Bitcoin exchange-traded funds saw significant withdrawals, with $650.8 million pulled out from Monday to Thursday, before a small recovery on Friday with a $70.6 million inflow. Despite these setbacks, Strategy (formerly MicroStrategy) made headlines for buying $742.4 million in Bitcoin, increasing its holdings to 478,740 BTC, which is around 2.3% of total Bitcoin supply. In another development, GameStop is reportedly exploring investments in Bitcoin, sparking interest in the meme stock. Meanwhile, the individual responsible for a hack affecting the SEC's X account has pleaded guilty to identity theft and could face 18 years in prison.

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