$BTC As of May 5, 2025, Bitcoin (BTC) is trading around \$95,649, slightly down by 0.74% in the last 24 hours. Despite this dip, it remains near its recent highs, showing market resilience. The intraday range has been between \$95,315 and \$96,416. Analysts suggest BTC may be near the peak of its current cycle, with some expecting a correction. Economic factors, like weak U.S. job data, have fueled speculation about potential Federal Reserve rate cuts, which could influence crypto markets. Overall, Bitcoin is consolidating as investors watch global financial indicators closely, keeping confidence in BTC’s long-term value and role as a store of wealth.