$BTC As of May 1, 2025, Bitcoin (BTC) is trading at approximately $96,393, marking a significant rebound from earlier lows 🔥 Key Bitcoin Updates Today

📈 Price Surge & Market Momentum

Bitcoin has surged past the $96,000 mark, reaching a nine-week high. This breakout is attributed to increased trading volumes and heightened institutional interest. Notably, whale transactions over $100,000 have increased by 25%, indicating strong market momentum.  

🏦 Institutional Adoption & Treasury Strategies

Europe’s first Bitcoin Treasury Company has emerged, signaling a shift in corporate strategies towards cryptocurrency holdings. 

📊 Market Sentiment & Technical Indicators

The Bitcoin Fear & Greed Index currently indicates a neutral sentiment, suggesting a balanced market without extreme fear or greed. 

📉 Economic Indicators & Potential Fed Rate Cuts

Recent U.S. GDP data showed a contraction of 0.3% in Q1, increasing the likelihood of Federal Reserve interest rate cuts. This macroeconomic backdrop is contributing to Bitcoin’s bullish momentum$BTC #bitcoin