$BTC
BITCOIN INFORMATION
* Bitcoin is a cryptocurrency in the CRYPTO market.
* The current price is 97000.0 USD with a change of 507.00 USD (0.01%) from the previous closing.
* The intraday high is 97360.0 USD and the intraday low is 95925.0 USD.
As of May 2, 2025, the price of Bitcoin (BTC) is around \$97,000, showing a significant recovery from the April low of around \$76,000. This increase is driven by rising institutional interest and pro-crypto policies from the Trump administration.
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### 📈 Bitcoin Price Prediction 2025
Various analysts and financial institutions provide optimistic projections for Bitcoin's price by the end of 2025:
* **Standard Chartered**: Predicts the price will reach \$200,000, driven by institutional adoption and spot ETFs.
* **H.C. Wainwright**: Targets a price of \$225,000, based on historical cycles and regulatory support.
* **Robert Kiyosaki**: Anticipates the price reaching \$500,000, considering the global crisis and weakening confidence in the USD.
* **Charles Hoskinson**: Predicts a surge to \$250,000, alongside increasing adoption and supportive policies.
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### 🔍 Factors Supporting Price Increase
* **Institutional Adoption**: Increased investments from large corporations and pension funds.
* **Government Policies**: Establishment of strategic Bitcoin reserves by the US government and clearer regulatory support.
* **Spot ETFs**: Approval and launch of Bitcoin spot ETFs attracting investor interest.
* **2024 Halving**: The reduction of mining rewards historically drives price increases in the following 12–18 months.
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