On Friday, May 2, 2025, the price of Bitcoin ($BTC ) strengthened again, rising about 2.41% in the last 24 hours and trading in the range of \$96,397 or around Rp 1.60 billion. This increase was driven by several key factors that reinforced positive sentiment in the crypto market.

Factors Driving the Increase in Bitcoin Price

1. **Surge in Institutional Demand**

Large companies, including Strategy (formerly MicroStrategy), continue to increase their Bitcoin holdings. Strategy recently announced a \$42 billion expansion plan to add to its BTC holdings, demonstrating strong institutional confidence in this asset. 

2. **Support from Regulations and US Government Policies**

The Trump administration has shown a pro-crypto stance by establishing a national strategic Bitcoin reserve and easing regulations on digital assets.