$BTC

As of April 29, 2025, Bitcoin (BTC) is trading around $94,914, reflecting a modest daily gain amid a broader bullish trend. The cryptocurrency has surged over 12% this month, outperforming traditional assets like gold and tech stocks, as investors seek alternatives amid economic uncertainties. Institutional interest is notably strong, with BlackRock's iShares Bitcoin ETF alone attracting nearly $1 billion in inflows recently . Technical analysts observe that Bitcoin is in a critical zone, testing key support levels around $93,500, which could determine its short-term trajectory . Adding to the bullish sentiment, Standard Chartered predicts Bitcoin could reach $120,000 in the second quarter, citing factors like increased institutional adoption and macroeconomic shifts . Overall, the market sentiment remains optimistic, with many viewing current levels as a potential springboard for further gains.