$BTC Market Update – May 4, 2025

Bitcoin (BTC) has dipped to around $96,237, down 0.86% over the past 24 hours. The decline is driven by increased global trade tensions, notably fresh U.S. tariffs, pushing investors toward traditional safe-haven assets like gold. Technically, BTC has breached key support levels, sparking concerns of further short-term weakness. Despite this, the broader weekly trend remains intact, and some analysts anticipate a rebound. However, the market remains volatile, and sentiment could shift quickly. As always, this post is for informational purposes only—please do your own research (DYOR) before making any investment decisions. Stay informed and trade responsibly.