#MarketPullback
As of May 5, 2025, Bitcoin (BTC) is trading at approximately $94,182, reflecting a 13.9% increase over the past month.
š„ Key Market Developments
Approaching $100K: Bitcoin recently surged past $97,000, nearing the significant $100,000 milestone. This rally is attributed to bullish technical patterns and increased institutional interest, notably from firms like Strategy and Semler Scientific, which have collectively acquired over 2,000 $BTC in recent weeks.
Institutional Investments: BlackRock's latest filings reveal holdings exceeding $5 billion in Bitcoin-related assets
