$BTC

As of May 3, 2025, Bitcoin (BTC) is trading at approximately $96,297 USD, reflecting a slight decrease of 0.36% over the past 24 hours. The day's trading range has seen lows around $96,198 and highs reaching $97,838.

This recent price action continues Bitcoin's upward momentum, with the cryptocurrency surpassing $97,000 for the first time since February. The rally has been fueled by significant institutional investments and ETF inflows, indicating a growing confidence in the market.

Analysts are optimistic about Bitcoin's trajectory. Some projections suggest that BTC could reach between $120,000 and $210,000 by the end of 2025, driven by continued institutional adoption and favorable market conditions.

However, it's important to note that the market remains sensitive to macroeconomic factors. Recent concerns over economic indicators have led to fluctuations, with Bitcoin experiencing brief pullbacks before resuming its upward trend.

In summary, Bitcoin is exhibiting strong performance, bolstered by institutional interest and positive market sentiment. While short-term volatility persists, the long-term outlook remains bullish.