As of May 1, 2025, Bitcoin (BTC) is trading at approximately $96,117 USD, reflecting a 2.69% increase over the past 24 hours.
This upward movement is attributed to sustained institutional interest, including consistent purchases by BTC treasury firms and steady inflows into Bitcoin exchange-traded funds (ETFs).
Despite this positive momentum, gains remain limited due to ongoing economic uncertainties and cooling ETF flows.
In the broader cryptocurrency market, altcoins such as Ethereum (ETH), XRP, and Solana (SOL) have also shown gains, mirroring Bitcoin's performance.
Bitcoin's current price is approximately 11.5% below its all-time high of $109,026.
In summary, Bitcoin is exhibiting a steady upward trend, bolstered by institutional investments, while broader economic factors continue to influence its performance.