Where did Bitcoin reach today? – May 4, 2025

The cryptocurrency market witnessed uncertainty once again today as the price of Bitcoin decreased. Today, Bitcoin recorded a new low of $58,200 during the day. This level has emerged after a gradual decline in Bitcoin's price over the past few days.

According to analysts, the existing uncertainty in the market, the decline of the US stock market, and global economic pressures are major reasons for this decrease. However, some experts believe that this decline is temporary and Bitcoin may bounce back strongly soon.

Investors are being advised not to make hasty decisions and to keep a close eye on market conditions.$BTC