#FOMCMeeting 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 in over 2 months.

Nonetheless, the digital currency created by Satoshi Nakamoto remains far from its all-time high of nearly USD 110,000, which it 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:

Among the factors supporting this movement is the progress in trade negotiations between the United States and China. Signs of bilateral dialogue between both governments reduced the tension from the "tariff war" and offered positive signals for global markets.

Another relevant element has been the behavior of large holders of BTC, known as “whales.” These key market players returned to a profit situation, reinforcing the bullish outlook and overall optimism in the market.