On May 2, 2025, at 1:02 AM, the price of Bitcoin (BTC) hovers around $96,300 USD, showing a slight upward trend in the last 24 hours. The market seems to be in a consolidation phase after a period of volatility.

Technical analysis suggests a mixed sentiment, with some indicators pointing to a buy and others showing neutrality. Trading volume remains considerable, indicating ongoing interest in the cryptocurrency.

Recent news includes reports about the increase in Bitcoin holdings by institutional investors and discussions about the possibility of BTC reaching $100,000 in the short term. However, caution persists due to the inherently volatile nature of the cryptocurrency market. Investors are advised to conduct their own research and act prudently.