$BTC
Bitcoin-related activities, including recent price movements, market trends, and developments:
**Bitcoin Market Update – April 30, 2025**
Bitcoin (BTC) is currently trading at $94,639, with an intraday high of $95,444 and a low of $93,883.
**Market Trends:**
In April, Bitcoin outperformed traditional assets like gold and tech stocks, amid global economic uncertainties. Analysts predict a potential surge to $100,000, driven by factors such as ETF inflows and institutional interest.
**Regulatory Developments:**
The U.S. has established a Strategic Bitcoin Reserve, holding approximately 200,000 BTC, signaling a significant shift in national digital asset policy.
**Upcoming Events:**
The Bitcoin halving event is anticipated around April 24, 2025, reducing miner rewards and potentially impacting supply dynamics.
Traders should monitor key support at $93,500 and resistance at $95,000 for potential breakout opportunities.