$BTC

As of May 2, 2025, Bitcoin (BTC) is trading at approximately $96,695, reflecting a 1.36% increase from the previous close. The day’s price range has been between $95,396 and $97,360 .

This upward movement aligns with broader market trends and institutional developments. Notably, BlackRock’s Bitcoin ETF has surpassed $43 billion in assets under management, indicating a significant influx of institutional capital into the cryptocurrency market . Additionally, the U.S. government’s establishment of a Strategic Bitcoin Reserve in March 2025 has further legitimized Bitcoin as a national asset .   

Technical analyses suggest that Bitcoin is approaching key resistance levels around $100,000 and $107,000, with support levels at $92,000 and $85,000. A breakout above these resistance points could signal a continuation of the bullish trend . 

In summary, Bitcoin’s current performance reflects a strong bullish momentum, underpinned by significant institutional investments and supportive regulatory actions. If these trends persist, Bitcoin could continue its upward trajectory in the coming months.