As of May 3, 2025, at 12:06 PM IST, Bitcoin ( $BTC ) is making waves, trading at $97,200 after a 2% jump in the last 24 hours, according to recent market data. This rally follows a record-breaking $3 billion inflow into spot BTC ETFs last week, with BlackRock’s IShares Bitcoin Trust leading the charge. Posts are electric, with traders buzzing about a potential breakout above $100,000, a psychological level not seen since late 2024.


The surge aligns with Strategy’s (formerly MicroStrategy) announcement to raise another $21 billion for BTC purchases, further fueling institutional demand. However, some users caution about overbought conditions, noting Bitcoin’s RSI nearing 70. With the U.S.-China trade talks boosting risk appetite and the Fed’s rate cut odds at 60%, $BTC’s momentum looks strong—but can it sustain the climb, or will profit-taking trigger a pullback? Stay tuned as $BTC eyes a historic milestone!