May 5, 2025

Bitcoin approaches USD 100,000 amid institutional push and global tensions

Investors are particularly attentive to the announcements that the Fed will make this Wednesday.

During the past week, bitcoin (BTC) once again filled its investors with hope.

By May 2, the price of BTC surpassed USD 97,000, reaching —as reported by CriptoNoticias— levels not seen for more than 2 months.

Nonetheless, the digital currency created by Satoshi Nakamoto is still far from its all-time high close to USD 110,000, which was reached on January 20, the day of Donald Trump's presidential inauguration in the United States.

In the following chart, provided by TradingView, we can see how the price of bitcoin has moved since January 1, 2025

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