$BTC
As of May 3, 2025, the BTC/FDUSD trading pair exhibits a robust trend, with prices maintaining around $96,236. The 24-hour trading volume on Binance exceeds $556 million, indicating that this trading pair has high liquidity and is of great interest to traders. Bitcoin continues to remain within an upward channel, with support around $94,000 and resistance near $100,000, suggesting potential for further increases and challenges to new highs. Technical indicators on TradingView show mixed signals: oscillators and moving averages provide neutral sell and neutral buy recommendations, indicating that the market may be consolidating, building momentum for the next move.
FDUSD is a stablecoin backed by reserves and pegged to the US dollar at a 1:1 ratio, thus providing high stability and lower volatility compared to other crypto assets. Although it briefly deviated from its peg in early April, FDUSD quickly regained its 1:1 peg with the US dollar, further enhancing market confidence in it as a reliable trading and risk-hedging tool.
Therefore, BTC/FDUSD remains an attractive trading pair, combining the upside potential of BTC with the stability of FDUSD. Current technical signals suggest monitoring key breakout levels to assess the next market development.