$BTC

As of April 29, 2025, Bitcoin (BTC) is trading at approximately $94,944, reflecting a modest gain of about 1.4% for the day.

Today's price action saw BTC fluctuate between an intraday low of $93,580 and a high of $95,279. This movement indicates a steady upward trend, supported by increased institutional interest and positive market sentiment. Notably, Bitcoin exchange-traded funds (ETFs) have attracted $3.3 billion in inflows over the past week, signaling strong institutional demand .

Technical analysis suggests that if BTC maintains support above $91,600, it could target levels up to $109,354 . However, a dip below this threshold might indicate potential downside risks. Additionally, a significant 92% surge in short-term speculative capital, reaching $39.1 billion, points to heightened trading activity and potential volatility .

In summary, Bitcoin's price action today reflects a cautiously optimistic market, buoyed by institutional investments and technical indicators suggesting potential for further gains.